JATCORP LIMITED — Capital/Financing Update 2012

Mar 18, 2012

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ASX/Media announcement

19 March 2012

Jatenergy Completes First Indonesian Coal Shipment

• 8000 tonnes shipped from Jongkang mines in East Kalimantan to Singaporean buyer

• Additional 3000-tonnes part-barge sold and shipped to spot buyer and further sales under negotiation

• Cash receipts from coal sales exceed US$200,000

Energy company Jatenergy Ltd (ASX code JAT) announced today that it had despatched its first 8000 tonne barge load of coal from its two Jongkang mines in East Kalimantan to a buyer in Singapore.

The shipment fulfilled a sales contract which Jatenergy announced last month, and it also triggered the first down payment. An initial payment in excess of US$200,000 has been received.

Jatenergy this week has also sold and shipped an additional 3000 tonnes of coal from Jongkang as a part-barge load to a spot buyer, and negotiations are underway for the next barge shipment, which is anticipated to be within two weeks. Total sales now exceed 11,000 tonnes.

Jatenergy’s CEO Phil Hodgson commented: “We have made considerable progress this year to demonstrate the strong potential of our coal production strategy in Indonesia. We have brought one small mine at Jongkang into production and bought into an operating venture nearby during the last four months. With Jongkang I and II now exporting, we are now generating cash to develop our next mine, Atan Bara. We expect that project to come online before the end of 2012, and we are continuing to advance plans to develop the much larger Katingan project in Central Kalimantan.”

For further information:

Phil Hodgson, Jatenergy Chief Executive Officer – 02 9571 8300

Media: Alan Deans, Last Word Corporate Communications – 0427 490 992

About Jatenergy:

Jatenergy is a diversified energy company operating in Australia and Asia. It owns the rights to four coal projects in Indonesia’s Kalimantan coal region, as well as eight coal exploration permits and permit applications in Queensland’s Bowen and Galilee basins. It also produces high quality crude jatropha oil from plantation operations in Central Java, Indonesia, for power production and the airline industry.

Floor 6, Suite 8, 55 Miller Street, PYRMONT NSW 2009

t +61 2 9571 8300 f +61 2 9571 8200 w www.jatenergy.com

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Recent ASX/Media Releases

12 March 2012

INDONESIAN MINING LEGISLATION AMENDMENTS

Energy company Jatenergy Ltd (ASX code JAT) announced today that it was reviewing the published amendments to Indonesian Mining Legislation that were enacted in February 2012 to assess whether there was any impact on the company.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2671039

20 February 2012

JATENERGY SECURES FIRST COAL SALE FROM EAST KALIMANTAN MINES

Jatenergy announced today that it had secured its first coal sales contract from its two Jongkang mines in East Kalimantan, Indonesia.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2667556

16 February 2012

JATENERGY WINS APPROVAL FOR THIRD INDONESIAN COAL MINE

Jatenergy announced that the Indonesian Government had granted a production licence for the development of the company’s Atan Bara coal project in East Kalimantan.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2667097

8 February 2012

JATENERGY STOCKPILES COAL FOR EXPORT AND APPOINTS NEW CHAIRMAN

Jatenergy announced today that it had mined a combined 2,500 tonnes of coal from its two Jongkang mines in East Kalimantan, Indonesia, and stockpiled it for impending export shipment.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2666131

21 December 2011

JATENERGY MOBILISES CONTRACTOR AT SECOND INDONESIAN COAL PROJECT

Jatenergy announced today that agreement had been reached with mining contractors to start work on its Jongkang I coal development in East Kalimantan, enabling them to mobilise equipment and commence stripping of overburden.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2661856

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21 November 2011

PRODUCTION LICENCE GRANTED FOR JATENERGY’S SECOND INDONESIA COAL PROJECT

Jatenergy announced that the Indonesian Government had issued a production licence covering its Jongkang coal joint venture in East Kalimantan, coming just one week after the company started mining its first coal from the neighbouring Jongkang II mine.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2657543

15 November 2011

JATENERGY TO COMMENCE COAL MINING IN EAST KALIMANTAN THIS WEEK

Jatenergy has entered into a joint operation with a currently producing coal mine – Jongkang II - in East Kalimantan, Indonesia, which would enable the company to commence mining its first coal this week. The new agreement is in addition to the company’s Jongkang and Atan Bara coal ventures, also in East Kalimantan, which are at an advanced stage of development.

http://clients.weblink.com.au/clients/jatoil/article.asp?asx=JAT&view=2656867