COMET RIDGE LIMITED — Capital/Financing Update 2013

Jul 29, 2013

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MARKET RELEASE

30 July 2013

Comet Ridge Limited

TRADING HALT

The securities of Comet Ridge Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of commencement of normal trading on Thursday, 1 August 2013, or when the announcement is released to the market.

Security Code: COI

Shannon Hong Adviser, Listings Compliance

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Comet Ridge Limited ABN 47 106 092 577 GPO Box 798 Brisbane Qld 4001 Phone : +61 7 3221 3661 Fax:- +61 7 3221 3668 Info@cometridge.com.au

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30 July 2013

Ms Shannon Hong Australian Securities and Exchange Limited Level 4, 20 Bridge Street

Sydney, NSW 2000 By Email: Shannon.Hong@asx.com.au

COMET RIDGE LIMITED – REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1 Comet Ridge Limited (ASX:COI) requests that ASX grant a trading halt of its securities with immediate effect, from prior to commencement of trading Tuesday 30 July 2013.

In accordance with Listing Rule 17.1 Comet Ridge provides the following information:

• a) The trading halt is requested pending an announcement to the ASX in relation to a proposed capital raising involving sophisticated and professional investors under section 708 of the Corporations Act 2001 (Cth);

• b) Comet Ridge requests that the trading halt remain in place until the earlier of:

  • i. the commencement of normal trading on the ASX on Thursday 1 August 2013; and

  • ii. the release of an announcement by Comet Ridge to the ASX in relation to the proposed capital raising.

• c) Comet Ridge is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Yours Faithfully Comet Ridge Limited

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STEPHEN RODGERS Company Secretary