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JATCORP LIMITED M&A Activity 2011

Feb 1, 2011

65154_rns_2011-02-01_6765c020-7f33-4f69-9643-494801c1469f.pdf

M&A Activity

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2 February 2011

The Manager

Company Announcements Office

Australian Securities Exchange Limited

Timetable Clarification re Blackrock Resources Pty Ltd (“Blackrock”) Acquisition

Further to the announcement released on 1 February 2011 in relation to the updated Blackrock timetable, JAT wishes to confirm that the proposed acquisition of Blackrock is proceeding as planned and that yesterday’s announcement was made to address an internal time table issue relating to the proposed share consolidation of the Company’s securities only.

The Shareholders meeting scheduled for 10 February 2011 to consider the resolutions relating to the Blackrock acquisition is also proceeding as planned.

About Jatoil

Jatoil is an energy company with a core business of developing biofuel “crude oil” from jatropha curcas plantation ventures initially in South-East Asia. Jatoil has also announced it would expand its energy resources into coal by entering into a heads of agreement to buy mining projects in Indonesia’s Kalimantan coal region.

Floor 6 Suite 8 55 Miller Street PYRMONT NSW 2009