Brockman Mining Limited — M&A Activity 2011

May 8, 2011

ASX Stock Code: WNI

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9 May 2011

WAH NAM INTERNATIONAL HOLDINGS LTD (WNI) TAKEOVER BID FOR BROCKMAN RESOURCES LIMITED (BRM)

Last Friday, Wah Nam International Australia Pty Ltd ( Wah Nam Australia) declared its off-market takeover offer for all of the fully paid ordinary shares in Brockman Resources Limited ( Brockman ) ( Offer ) free from all defeating conditions including the 50% minimum acceptance condition.

Wah Nam International Holding Limited ( Wah Nam) also announced it had received permission for admission to quotation on the Hong Kong Stock Exchange ( HKEx ) of the consideration shares and therefore the Offer is now wholly unconditional.

Further to these announcements, Wah Nam advises that Wah Nam Australia has accelerated payment terms so that Brockman shareholders who provide a valid acceptance for the Offer will receive their consideration within 10 business days of their acceptance being processed. Brockman shareholders who accepted the Offer before it was declared unconditional will be sent their consideration by 20 May 2011 (ie within 10 business days of 6 May 2011).

Wah Nam Australia has secured an interest of 42.07% in Brockman resulting from the strong level of acceptances of its Offer by Brockman shareholders. Wah Nam Australia is becoming increasingly confident it will achieve in excess of 50% of Brockman.

As the Offer is unconditional, Wah Nam Australia encourages those shareholders who have not yet accepted to do so as soon as possible. Wah Nam Australia continues to believe its intentions stated in the bidder's statement will provide significant value to accepting Brockman shareholders and that the reasons to accept the Offer are compelling.

Wah Nam reconfirms its intention to procure funds for the development of the Marillana Project and progress the development of the North West Infrastructure Group's port.

The Offer period is currently due to close at 4:00pm (WST) on Monday 16 May 2011.

Shareholders can accept the offer by returning their acceptance form or advising their controlling participant (usually their broker).

If you have misplaced the bidder's statement or the acceptance form for the offer, or if you have any questions in relation to the offer, please call the Offer Information Line on 1300 085 644 (toll free for callers in Australia) or +61 3 9415 4142 (for callers outside Australia) Monday to Friday 5:30am to 5:00pm (WST).

Wah Nam looks forward to welcoming more Brockman shareholders as Wah Nam shareholders.

Chan Kam Kwan Jason Director Wah Nam International Holdings Limited

For further information: Media Tim Duncan or Angus Urquhart, Hintons (03) 9600 1979

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