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Metals X Limited M&A Activity 2015

Oct 22, 2015

10401_rns_2015-10-22_ae5f8dbc-22f5-44e4-92cb-58250bc45edb.pdf

M&A Activity

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PRESS RELEASE

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23 OCTOBER 2015

FIRB APPROVAL RECEIVED FOR ADITYA BIRLA TAKEOVER OFFER

On 15 October 2015, Metals X Limited (ASX:MLX) ( Metals X ) announced its intention to make an off-market takeover offer ( Offer ) for all of the issued shares in Aditya Birla Limited (ASX:ABY) ( Aditya Birla ).

Metals X is pleased to advise that it has received a statement of no objections from the Foreign Investment Review Board ( FIRB ) in relation to the Offer. Accordingly, Metals X gives notice that the FIRB condition to the Offer has now been satisfied.

Further information in relation to the Offer is contained in Metals X’s Bidder’s Statement lodged with ASX on 15 October 2015 and which is expected to be sent to Aditya Birla shareholders at the end of October 2015.

ENQUIRIES

Peter Cook Executive Director & CEO e: [email protected]

Warren Hallam Rod Corps Executive Director Manager – Investor Relations e: [email protected] e: [email protected]