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EXCELSIOR CAPITAL LTD Board/Management Information 2011

Jul 24, 2011

64816_rns_2011-07-24_970b4bfa-0805-48fb-9ab4-5173b6a6dc12.pdf

Board/Management Information

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CMI Limited ABN 98 050 542 553 150 Robinson Road Geebung Qld 4034 Australia Postal address: PO Box 716 Virginia Qld 4014 Australia Telephone: (07) 3865 9969 Facsimile: (07) 3865 3677 Email: [email protected] Web: www.cmilimited.com.au

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25 July 2011

Australian Stock Exchange Limited Level 6, Riverside Centre 123 Eagle Street BRISBANE QLD 4000

SUBJECT - COMPANY DIRECTOR

The Company regrets to advise that Ray Catelan, Managing Director, sadly passed away yesterday, 24 July 2011.

Ray had been Managing Director of CMI Ltd from July 2007. He led the Company through the difficult period of the Global Financial Crisis and the subsequent restructuring.

The financial strength and profitability of the Company today owes much to his foresight and management.

The Directors and Management extend their sincere condolences to Ray's family at this sad time

Yours Faithfully

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Sharyn Williams Company Secretary