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EXCITE TECHNOLOGY SERVICES LTD M&A Activity 2014

Oct 21, 2014

64894_rns_2014-10-21_706c0bac-f856-45fa-8c56-e5192299fb45.pdf

M&A Activity

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Level 1, 8 Parliament Place, West Perth WA 6005 PO Box 1618 West Perth WA 6872 Telephone: +61 8 9481 78833 Facsimile: +61 8 9481 7835

22 October 2014

The Manager Market Announcements Office Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

SATISFACTION AND WAIVER OF ALL BID CONDITIONS

Prime Min e rals Limited (“PIM”), to b e renamed Covata Lim i ted, is plea s ed to anno u nce that it h as receive d conditional approval f o r reinstate m ent to trading on the A SX. As a result, PI M has satisfied the fina l operative c o ndition under its off-m a rket takeov e r offer (“Ta k eover Offer ) for Cocoon Data Holdings Limite d (“Cocoon”).

Given that all operativ e conditions have now b een satisfi e d, PIM is pleased to a n nounce tha t it has als o waived all o ther outstanding defeati n g condition s to its Take o ver Offer, w hich is now uncondition a l.

PIM is curr e ntly activel y working with the ASX t o satisfy the conditions f o r reinstate m ent to tradi n g in order t o meet the previously an n ounced reli s ting timetable.

For more information, please visit: w ww.covata. c om

Investor Relations Contact:

Ronn Bech l er Market Eye Pty Ltd (03) 9591 8 900

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Yours faithfully Norman Grafton Company Secretary Prime Minerals Limited

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