MURRAY COD AUSTRALIA LIMITED — Interim / Quarterly Report 2014

Jul 29, 2014

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ABN 74 143 928 625

Registered Office Level 3 70 Pitt Street GPO Box 4231 Sydney NSW 2001 Phone: +61 1300 134 875 Fax: +61 (02) 233 4497

ASX CODE: TPR ASX ANNOUNCEMENT 30 July 2014

QUARTERLY ACTIVITIES REPORT FOR THE THREE MONTHS ENDED 30 JUNE 2014

Timpetra Resources Limited (ASX: TPR) ("Timpetra" or the "Company") provides the following commentary for the three months ended 30 June 2014, to be read in conjunction with Appendix 5B.

Asset & Corporate Opportunities

During the quarter ending 30 June 2014, the Company has continued to closely monitor its investment in ASX listed gold producer Saracen Mineral Holdings Ltd (ASX: SAR).

The investment in SAR of 35,454,545 shares at a total cost of $6,457,800 has a market value as at June 30 2014 of $14,536,365 which is $8,078,565 above cost.

Post Quarterly Events

As at the date of the issue of this report 28,322,027 SAR shares had been sold generating a net cash flow of $13,403,772. Of these proceeds $930,378 was applied to repay the margin loan and accrued interest thereon. The company still retains 7,132,518 SAR shares.

Over the three months the Company also reviewed a limited number of potential investment opportunities.

The Board will continue to pursue strategies to create value and liquidity for its shareholders.

The Company will be unlikely to pay a dividend in the near term.

Martin Priestley Chairman

For further information contact:

Timpetra Resources Limited Registered Office: Level 3, 70 Pitt Street SYDNEY NSW 2000

Nick Geddes, Company Secretary 1300 134 875

www.timpetra.com