EMU NL — Board/Management Information 2013

Sep 2, 2013

EMU NL ABN 50 127 291 927

SUPERKOLONG VENDOR PAYMENT & RETIREMENT OF DIRECTOR

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ITAKANE TRADING 243 (PTY) LTD MAKES FIRST VENDOR PAYMENT

On Friday 30[th] August 2013, Itakane Trading 243 (Pty) Ltd paid R25 million to the vendors of Superkolong (Pty) Ltd as part of the purchase price. The payment was made from cash generated by Superkolong’s operations. Two payments of R35 million each remain to be paid on 1 March and 1 September 2014 respectively.

Superkolong processed 154,385 tonnes during August and as at 31 August was holding 6,003 carats for sale in September. The plant is operating well and, while there will be ongoing upgrades, Superkolong expects a gradual improvement in throughput and reduction in costs.

Superkolong is a wholly owned subsidiary of Itakane Trading 243 which in turn is equally owned by Emu and Batla Minerals.

RETIREMENT OF DIRECTOR

Mr George Sakalidis has today notified the Board of his decision not to seek re-election at the forth coming Annual General Meeting. This decision by Mr Sakalidis was prompted by the increasing demands on his time from his other current business interests and the fact he is content the remaining board members will competently manage Emu in the best interests of all shareholders.

In accepting Mr Sakalidis’ decision, Mr Thomas, on behalf of the Board, expressed his thanks to Mr Sakalidis for staying on the board during the transition of Emu from Western Australian focused mineral explorer to seeker of global mineral acquisition opportunities (continuing) and Republic of South Africa diamond producer.

At this time, Emu is not seeking to fill the vacancy left by Mr Sakalidis.

3[rd] September 2013

For more information on the company visit www.emunl.com.au

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EMU NL ABN 50 127 291 927

SUPERKOLONG VENDOR PAYMENT

& RETIREMENT OF DIRECTOR

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Emu NL ABN 50 127 291 927

ASX Code: EMU

10 Walker Ave West Perth, WA 6005 T +61 8 9226 4266 E info@emunl.com.au PO Box 1112 West Perth, WA 6872

Issued Capital : Shares - Quoted: 39,693,856 fully paid shares 35,652,856 contributing shares

Options – Unquoted: 841,148 exercisable at $0.5874 by 22.12.2014 82,736 exercisable at $0.4266 by 21.12.2015

Directors: Peter Thomas Chairman Greg Steemson Managing Director

George Sakalidis & Gavin Rutherford Non-Executive Directors

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COMPETENT PERSON’S STATEMENT

The details contained in this report that pertain to exploration results, mineral resources and mineral reserves are based upon information compiled by Mr. Greg Steemson, Managing Director of Emu NL. Mr. Steemson is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and has sufficient experience in the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr. Steemson consents to the inclusion in the report of the matters based upon his information in the form and context in which it appears.

FORWARD LOOKING STATEMENT

This report contains forward looking statements concerning the projects owned by Emu NL. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements are based on management’s beliefs, opinions and estimates as of the dates the forward looking statements are made and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

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