JATCORP LIMITED — Capital/Financing Update 2013

Nov 11, 2013

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12 November 2013

ASX Company Announcements Office ASX Limited Level 4 Exchange Centre 20 Bridge Street SYDNEY NSW 2000

INFORMATION REQUIRED UNDER ASX LISTING RULE 3.10.5A

Further to the revised Appendix 3B announced today relating to the share issue on 7 October 2013 for the issue of 5 million fully paid ordinary shares ( Placement) , JAT Energy Limited provides the following information required under Listing Rule 3.10.5A:

• (a) The dilutive effect of the Placement on existing shareholders is as follows:-

Number of Shares on issue prior to Placement 98,565,568

Number of Shares on issue prior to Placement 98,565,568
Placement issue under Listing Rule 7.1 (3,112,335)	3.16%
Placementissue under ListingRule7.1A(1,887,665)	1.91%
Totaldilutionas aresult ofthePlacement	5.07%

• (b) The Company issued the shares as a placement under Listing rule 7.1A to Jiangxi Resources Limited as part of a proposal outlined in our ASX announcement of 3 September 2013. The Company elected to accept the offer to invest from Jiangxi Resources Limited as it also come with promotion of the Company as per our ASX announcement on 3rd September 2013 within the South East Asian market. The intended outcome is to attract new investors to Jat Energy Limited, raise the profile of our projects and therefore longer term increase the value of the Company. The offer from Jiangxi Resources Limited in the opinion of the Directors would result in a small dilution for existing shareholders which they believe will be outweighed by the benefits of in the longer term attracting new investors to the Company.

• (c) The issue was not underwritten;

• (d) There are no costs associated with the Placement.

Yours faithfully

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Graeme Hogan Company Secretary

Floor 6, Suite 8, 55 Miller Street, PYRMONT NSW 2009 t +61 2 9571 8300 f +61 2 9571 8200 w www.jatenergy.com