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EXCELSIOR CAPITAL LTD Capital/Financing Update 2012

May 28, 2012

64816_rns_2012-05-28_2a8a560a-9e5c-4506-829a-4787a148f213.pdf

Capital/Financing Update

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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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29 May 2012

Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Cancellation of Class A Shares

CMI is pleased to advise that following approval at the general and special meetings of shareholders held on 14 May 2012, 14 days have passed since the lodgement with ASIC of the resolutions approving the reduction of CMI's share capital by the cancellation of all Class A shares in consideration for the payment of $0.95 for each Class A Share cancelled.

The remaining key dates for the share cancellation and return of capital are as follows:

Event Date
Suspension of trading of Class A shares 7pm on Wednesday, 30 May 2012
Record date for the cancellation of 7pm on Wednesday, 6 June 2012
shares
Payment / despatch of return of capital Tuesday, 12 June 2012

Yours sincerely

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Sharyn Williams Company Secretary