JATCORP LIMITED — Capital/Financing Update 2014

Jan 20, 2014

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JATENERGY LIMITED ABN 31 122 826 242

ASX CODE: JAT

AUSTRALIAN REGISTERED OFFICE Floor 6, Suite 8 55 Miller Street PYRMONT NSW 2009 AUSTRALIA

CONTACT DETAILS Telephone +61 2 9571 8300 Facsimile +61 2 9571 8200 Email info@jatenergy.com Web www.jatenergy.com

ASX ANNOUNCEMENT

21 January 2014

TTG Marketing Licence Agreement

Update on Katingan Sale

HIGHLIGHTS

• Jatenergy to market technology for the recovery of energy material in Indonesia.

• Energy materials such as Manganese and Lithium for energy storage market.

• Katingan negotiation proceeding after extension date expired.

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The independent directors of Jatenergy Limited (“Jatenergy”, “the Company”) are pleased to announce that the Company has entered into an agreement with TTG Technologies Resources Pty Ltd (”TTG”) to market its Energy Material Recovery Technology into Indonesia.

The Technology

TTG has access to mineral processing and waste recovery technology. The technology was developed by Chonnam National University (“CNU”) and under agreement with TTG is marketed globally with the exception of Korea itself. The technology covers a range of materials including gold, silver, copper, cobalt, magnesium, molybdenum, rhenium, lithium, nickel and rare earths.

Currently Dong Bu Metals in South Korea have a license to the technology for the recovery of manganese from waste ferrous manganese fumes. The technology has demonstrated high recovery (90%) of pure manganese products with 25-40% comparative opex and capex savings to conventional refining.

The Agreement

Under the agreement Jatenergy will market the mineral recovery technology exclusively to Indonesian mining ore. TTG and Jatenergy will share 50% of all revenues from each technology licence sold in Indonesia either it be an upfront fee, royalty and/or equity in the process.

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The exclusive license is based on three years with automatic extension if Jatenergy is able to secure commitment(s) to the technology in Indonesia.

Energy materials such as lithium and manganese are in strong demand due to the rise of the hybrid vehicle. Manufactures of hybrid cars are required to source future reserves of lithium and manganese to maintain their car cost structure. TTG technology allows for the recovery of these materials from stream that are considered to be too low in concentrate to process.

“As with Coal Plus this technology creates real value from inputs streams considered to be worthless. Upgrading low value mineral concrete to high purity and valued product is what Jatenergy is promoting. Mine tailing considered to be waste now have a renewed consideration using this upgrading technology”, said Jatenergy Director, Ian Gebbie.

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Figure 1. Recovery technology

Strategy

Jatenergy’s strategy is to continue to market its Indonesian energy materials of Biofuel and Coal in Indonesia. Using its experienced network in Indonesia, Jatenergy will complement its services with the marketing of energy material upgrade technology. Already Jatenergy has a coal upgrading technology called Coal Plus which is being marketed globally particularly Indonesia. There are a number of proven energy type technologies that Jatenergy is eager to market.

Indonesian Regulation Require Processing

For the past four years the Indonesian Government has discussed legislation to upscale its mineral and coal processing capability. The proposed legislation would direct industry to develop minor processing technology to upgrade the value of minerals and energy materials before leaving the shore of Indonesia. It is known as an Export Ban which is time scaled to affect two categories of mineral. Category 1 Minerals will have until January 2017 to carry out full on shore processing/refining to be able to export. The

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Government will start a punitive and progressive tax on Category 1 Minerals expected to reach 60% by 2016. Category 2 Minerals however, can no longer be exported unless upgraded on Indonesian shores.

The Category 1 Minerals include copper, iron ore, manganese, lead, zinc, and titanium. Category 2 Minerals are primarily nickel, bauxite, tin, gold, silver and chromium.

Timing for Jatenergy to take up a TTG license for Indonesia is well considered as it covers four types of energy minerals Nickel, Copper, Manganese and Lithium processing.

Sale of Katingan Asset

The date to complete the sale of PT Coal Soil Brik has expired, both Jatenergy and PT Prakarsa Corporindo still want to compete the sale and are working together to obtain local government acknowledgement and approval of the share transfer.

About Jatenergy

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Jatenergy (ASX:JAT) is an ASX listed energy investment company, focused on conventional, second generation and energy conversion technologies. Jatenergy also acquires projects and technologies, and creates value through its extensive marketing and promotion activities.

About TTG

TTG is an Australian private registered company. Mr Tony Crimmins, Executive Chairman of Jatenergy has a 33% interest in TTG. He is also a director and Business Development Manager for the company.

Media and Management Contact

Tony Crimmins +61 2 9571 8300 t.crimmins@jatenergy.com

About Jatenergy

Jatenergy Limited ABN 31 122 826 242 ASX code JAT Ordinary fully paid shares 103,565,568 Listed options 31,898,547

Directors Tony Crimmins Executive Chairman Mr Xipeng Li Non‐Executive Director Mr Wilton Yao Non‐Executive Director Ian Gebbie Non‐Executive Director

Jatenergy Limited is a Sydney‐based diversified energy company operating in both Australia and Asia. Jatenergy’s strategic focus is on producing cash returns from its coal and Jatropha assets as well as implementing the proprietary Coal Plus technology for upgrading low grade coal into high value energy products.

www.jatenergy.com