HELIOS ENERGY LTD — Major Shareholding Notification 2012

Feb 2, 2012

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme New Horizon Coal Ltd
ACN/ARSN	143 932 110

1. Details of substantial holder (1)

Name	Ascent Capital Holdings Pty Ltd and Gary Steinepreis
ACN/ARSN (if applicable)	118 292 238
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	2/2/12 25/11/11 25/11/11

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice Person's votes Voting power (5)		Present notice
			Person's votes	Voting power (5)
Ordinary	5,462,186	6.58%	5,262,186	5.66%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
2/2/12		Dilution due to share issue
2/2/12	David Steinepreis Linda Steinepreis N&J Mitchell Holdings Pty Ltd	on-market trade sale	\$18,500 \$9,250 \$18,500	Ord 100,000 Ord 50,000 Ord 100,000	David Steinepreis Linda Steinepreis N&J Mitchell Holdings Pty Ltd
3/2/12	Oakhurst Enterprises Pty Ltd	on-market trade purchase	\$9,000	Ord 50,000	Oakhurst Enterprises Pty Ltd

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
refer	to	schedule

	_________	.	------------------	_________
_____		___	_________	.
_________	---------------------------------------	.	CONTRACTOR _________	_________

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not applicable

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
All parties	Level 1, 33 Ord Street, West Perth, WA, 6005

Signature

print name	Gary Steingpreis	capacity	Director
sign here		date	3/2/2012
	and a land attended the transfer than the control of a state of

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) $(a)$ applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(7)$ has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".

4 Present relevant interests

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Holder of relevant	Registered	Person	Nature of	Class and	Persons
interest	holder	entitled to be	relevant	No. of	Votes
		registered as	interest	securities
		holder
Ascent Capital	Ascent Capital		Direct	Ordinary	2,840,000
Holdings Pty Ltd	Holdings Pty			2,840,000
	Ltd
Ascent Minerals Pty	Ascent	$\blacksquare$	Direct	Ordinary	10,000
Ltd	Minerals Pty			10,000
	Ltd
Ascent Capital Pty	Ascent Capital		Direct	Ordinary	10,000
Ltd	Pty Ltd			10,000
Jacqueline	Jacqueline		Direct	Ordinary	20,000
Steinepreis	Steinepreis and Jacqueline			20,000
	Steinepreis
	$<$ JM
	Steinepreis
	Family Trust>
Gary Steinepreis	Gary		Direct	Ordinary	10,000
	Steinepreis			10,000
LeisureWest	LeisureWest		Direct	Ordinary	510,000
Consulting Pty Ltd	Consulting Pty			510,000
	Ltd
	<leisurewest< td="">
Oakhurst Enterprises	A/C Oakhurst		Direct	Ordinary
Pty Ltd	Enterprises Pty			1,652,186	1,652,186
	Ltd
Linda Steinepreis	Linda		Direct	Ordinary	40,000
	Steinepreis			40,000
Cetacean Petroleum	Cetacean		Direct	Ordinary	10,000
Pty Ltd	Petroleum Pty			10,000
	Ltd
Croesus Mining Pty Ltd	Croesus Mining Pty		Direct	Ordinary	10,000
	Ltd			10,000
Mansmar	Mansmar	u.	Direct	Ordinary	10,000
Investments Pty Ltd	Investments			10,000
	Pty Ltd
N&J Mitchell	N&J Mitchell	$\overline{\phantom{0}}$	Direct	Ordinary	130,000
Holdings Pty Ltd	Holdings Pty			130,000
<ord street<="" td="">	Ltd					Ltd
Properties A/C>
<second fund<="" super="" td="">
A/C
<steinepreis super<="" td="">
Fund A/C
			Totals	5,262,186	5,262,186