HELIOS ENERGY LTD — Major Shareholding Notification 2012

Feb 2, 2012

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To_Company Name/Scheme		New Horizon Coal Limited
ACN/ARSN	143 932 110
1. Details of substantial holder (1)

Name	Mr Anastasios Arima -------------------------------------- _________
ACN/ARSN (if applicable)	N/A ______ ___ ______ _________

The holder became a substantial holder on $2/02/2012$

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary Shares	6,149,360	6,149,360	6.61% .

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Mr Anastasios Arima	4,762,996 Direct Interest Ordinary Shares
Moshos Family Investments Pty Ltd	Beneficial Interest	1 386,364 Ordinary Shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number of securities
interest	securities	registered as holder (8)
Mr Anastasios Arima	Mr Anastasios Arima Mr Anastasios Arima		4.762,996 Ordinary Shares
Moshos Family Investments Pty Ltd $\infty$ $\in$ Family A/C>	Moshos Family Investments Pty Ltd $\triangle$ Moshos Family A/C> $\triangle$ $\triangle$ Moshos Family A/C>	Moshos Family Investments Pty Ltd	1 386,364 Ordinary Shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
Refer Appendix A

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Moshos Family Investments Pty Ltd <moshos familyA/C	Beneficial Interest

7. Addresses

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

Name	Address
Mr Anastasios Arima	122 First Avenue, Mount Lawley 6050 Western Australia
Moshos Family Investments Pty Ltd <moshos familyA/C	122 First Avenue, Mount Lawley 6050 Western Australia

Signature

print name	Mr Anastasios Arima	capacity
sign here		03/02/2012 date

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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• Include details of: $(7)$
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ 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.

• 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".
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was $(9)$ acquired 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.

Annexure A to Form 603

This is Annexure "A" of 1 page referred to in the Form 603: Notice of initial substantial holder given by Mr Anastasios Arima under section 671B of the Corporations Law.

Signature of Mr Anastasios Arima

Dated: 3 February 2011

Holder of Relevant Interest	Date of Acquisition	Cash Consideration	Non-Cash Consideration	Class and Number of Securities
Mr Anastasios Arima	27/09/2011 to 02/02/2012	A\$169,385	Nil	762,996 Ordinary Shares
Mr Anastasios Arima	06/12/2011	Nil	Shares in Delta Coal Fund Pty Ltd	2,000,000 Ordinary Shares
Mr Anastasios Arima	02/02/2012	Nil	Shares in Delta Coal Fund Pty Ltd	2,000,000 Ordinary Shares
Moshos Family Investments Pty Ltd	06/12/2011	A\$250,000	Nil	1.136.364 Ordinary Shares
Moshos Family Investments Pty Ltd	07/12/2011 to 08/12/2011	A\$52,500	Nil	250,000 Ordinary Shares