MURRAY COD AUSTRALIA LIMITED — Board/Management Information 2012

Oct 8, 2012

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9 October 2012

ASX Announcement

ASX Code:TPR

TIMPETRA RESOURCES LIMITED – NEW BOARD MEMBERS

The Board of Timpetra Resources Limited ("TPR" or "Company") has elected Martin Priestley as the new Chairman of the Board to replace Mr Anthony Grey, and Hamish Collins as a nonexecutive Director and interim company secretary.

Martin Priestley began his career with NatWest Bank in the UK specialising in Mining and Project Finance with responsibility for assets in the US, Europe, Asia and Australia. From there he joined BankWest in Australia, specialising in mining, property and securitisation and rising to become Chief Manager, Eastern Banking, responsible for the Bank’s east coast operations. In 2001 he was appointed CEO and Managing Director of Ashe Morgan Winthrop, an independent corporate advisory and capital raising firm. Between 2006 and 2012 he ran Bamford Partners, his own corporate advisory firm specialising in advising mid-cap private and listed companies. This firm merged with Moss Capital in 2012 where Martin currently holds the position of Managing Director. He currently Chairs and sits on the boards of a number of private companies and is a member of the Compliance Committee of stockbroking firm Ord Minnett.

Mr. Collins is a qualified mining engineer (BEng. (Mining) Hons) with a Graduate Diploma in Applied Finance and Investments from the Securities Institute of Australia. He has a combined 21 years of mining industry and mine finance experience. He is currently Managing Director of Aeon Metals Ltd, an ASX listed resource company. Other resource industry senior executive positions include Managing Director of MM Mining Limited (now Aston Metals Ltd) and Chief Executive Officer of Aston Resources Limited. Previous to this Mr Collins held senior level positions in investment banking and corporate finance at BNP Paribas, NM Rothschild & Sons (Australia) Ltd, Commonwealth Bank of Australia and SG Hambros (Australia) Ltd.

Martin and Hamish will join the remaining Board members in overseeing the review of existing and new acquisition opportunities and other strategic initiatives open to Timpetra. The incoming and remaining Directors may opt to resign their positions where a value enhancing project with experienced operational management is secured. Timpetra currently has approximately $6.3m in cash.

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For more information:

Timpetra Resources Limited

Hamish Collins (interim Company Secretary)

0427 130 219

www.timpetra.com

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