MURRAY COD AUSTRALIA LIMITED — Board/Management Information 2012

Oct 30, 2012

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31 October 2012 ASX Announcement

ASX Code:TPR

QUARTERLY ACTIVITIES REPORT FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2012

Timpetra Resources Limited (ASX: TPR) (“Timpetra” or the “Company”) provides the following commentary for the three months ended 30 September 2012, to be read in conjunction with Appendix 5B.

Board Changes

Following the end of the September quarter, on 9 October Mr Anthony Grey and Mr Dion Cohen resigned as Chairman and Managing Director respectively and were replaced by Mr Martin Priestley as Chairman and Mr Hamish Collins as Director. On 19 October 2012, Mr Terrence Willsteed and Mr Ian Holland resigned.

Asset & Corporate Opportunities

During the quarter the Company continued to assess multiple gold focussed assets and corporate opportunities. On 31 August 2012, the Company announced it had entered into a Heads of Agreement in relation to the acquisition of the issued shares of Gossan Hill Gold Limited, an unlisted public company. The key terms and conditions along with the company description are provided in the announcement of 31 August 2012. The Directors are currently undertaking due diligence of the transaction with a view to determining shortly whether this proposal should proceed.

The focus of the Company is to expeditiously identify a project or projects for acquisition with a view to achieving the levels of financial return initially contemplated in the 2010 initial public offering.

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For more information:

Timpetra Resources Limited

Nick Geddes (Company Secretary)

1300 134 875 www.timpetra.com