PEEL MINING LIMITED — Major Shareholding Notification 2007

May 22, 2007

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	PEEL EXPLORATION LIMITED
ACN/ARSN	119 343 734
1. Details of substantial holder (1)Name	ROBERT MACLAINE TYSON
ACN/ARSN (if applicable)
The holder became a substantial holder on	17/05/2007

2. Details of voting power

$\gamma_{\rm s}^{\rm w}$

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

$-0.000000000$Class of securities (4)	Number of securities	Person's votes (5)	(6)Voting power________________________
	.000---------------------------------------	.000500..	კ.ვ%
			-----------------

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
ROBERT MACLAINE TYSON	DIRFCT	ORDINARY SHARES 2,500,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to beregistered as holder ((8)	Class and numberof securities
ROBERT MACLAINE TYSON	E ROBERT MACLAINE TYSON	N/A	ORDINARY SHARES2.100.000
ROBERT MACLAINE TYSON	JORDAN & FLYNN TYSON	N/A	ORDINARY SHARES 400,000

5. Consideration

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number ofsecurities
		:asl	Non-eash
ROBERT MACLAINE TYSON				ORDINARY SHARES2.500.000
				.

603 page 2/2 15 July 2001

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

.Name and ACN/ARSN (if applicable).	Nature of association
	_______________________________________
--------------------------------------	--------------------

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
ROBERT MACLAINE TYSON	35 EDISON STREET, DIANELLA, WA 6059
JORDAN & FLYNN TYSON	35 EDISON STREET, DIANELLA, WA 6059

Signature

orint name

ROBERT MACLAINE TYSON

DIRECTOR capacity:

17/05/2007

date

sign here

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, $(1)$ or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$

$\overline{\text{(3)}}$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

The voting shares of a company constitute one class unless divided into separate classes. $(4)$

The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person $(5)$ or an associate has a relevant interest in.

The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$

$(7)$ Include details of:

$(a)$ any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement, and

any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$

disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

$(8)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest (9) was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	PEEL EXPLORATION LIMITED
ACN/ARSN	119 343 734
1. Details of substantial holder (1)NameACN/ARSN (if applicable)	SIMON HADFIELD
The holder became a substantial holder on	17/05 /2007

The holder became a substantial holder on

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)______-----	Number of securities---------------------------------------	Person's votes (5)______ _______________________________	Voting power (6)
JRDINARY------------------	100,000	--------100,000---------------------------------------	_______________________________________.0%
Louisiano de componente de la componente de la componente de la componente de la componente de la componente de la componente de la componente de la componente de la componente de la componente de la componente de la com	--------------------------------------_______________________________________	-------------------------------------	______________________________________

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

.Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
SIMONHADFIELD	---------	ORDINARY SHARES 2,100,000
		-----------------------------------_________________

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled toberegistered asholder (8)	Class and numberof securities
SIMON HADFIELD	SIMON HADFIELD	N/A	ORDINARY SHARES1.000.000
SIMON HADFIELD	SALAMAR PTY LTD	N/A	ORDINARY SHARES1.100.000

5. Consideration

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number ofsecurities
		Cash	Non-cash
SIMON HADFIELD				ORDINARY SHARES2,100,000

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

--------------------------------------------------Name and ACN/ARSN (if applicable)	--------------------Nature of association--------------------------------------------------____
__________________________________
	----------------------------------------------________________

7. Addresses

The addresses of persons named in this form are as follows:

------------------Name	---------------------------------------Address
SIMONHADFIEL-------------------------	139 GRANT STREET, CLAREMONT,WA 6010
SALAMAR PTY LTD____________	----------------------------------------STREET.SUBIACO, WA 600879.ΗA--------------------------------------

Signature

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, $(1)$ or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$ $\overline{\bf{a}}$
  • The voting shares of a company constitute one class unless divided into separate classes.

$(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
  • Include details of:

$(7)$

any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy (a) of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

$(8)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

$(9)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitied to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Corporations Act 2001 Section 6718

Notice of initial substantial holder

To Company Name/Scheme	PEEL EXPLORATION LIMITED
ACNARSN	119 343 734
1. Details of substantial holder (1)Name	CRAWLEY INVESTMENTS PTY LTD
ACNARSN II additionie)	1994-261-131
The holder became a substantial holder on	17/05 /2007

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

----------,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,いんかんしゅぎょう きょうかん アイティック しゅうしゅうしゅう インター きょうきょう うちのう アルチンAAAAAN NASASAAARTIFICATION AND ARTIFICATION OF THE CONFORMATION OF THE CONFORMATION OF THE CONFORMATION OF THE CONFORMATION
- Class of securities (4) -	Number of securities	Person's votes (5).	Voting power (6),,,,,,,,,,,,,,,,,,,,,,,,,
ORDINARY	3,000,000	3.000,000	10.0%
Advisory Committee State Committee Committee Committee Committee Committee Committee	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	v/ww3333333333339939939334795676464646464667679791127771121771121711217112171717171711,000000000000000000000000000000000000

3. Details of relevant interests.

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Mature of relevant interest $(7)$	Class and manber of securities
CRAWLEY INVESTMENTS PTY LTD	DIRECT,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	ORDINARY SHARES 3,000,000,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
\\\\\\\\\\\\\\\\\\</i>.a.a.a.a.a.a.a.a.a.a.a.a.a.a.a.a.a.a.a		,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

4. Details of present registered holders:

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Ploider of relevant interest	Registered holder of securities	Person soblest to be	Class and surriser
		registered as holder (8).	of securities
			ORDINARY SHARES
CRAWLEY NIVESTMENTS	CRAWLEY INVESTMENTS	N/A
	$PTV + TP$		3.000.000

5. Consideration

Holder of relevant interest	Date of acquission.	Consideration (9)		Class and mimber ofsecurities.
		Cash	Nor-cash
CRAWLEY INVESTMENTS PTY LTD			,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	ORDINARY SHARES3,000.000
	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

The seasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

- Name and ACN/ARSN (if applicable) -La algo o lo lo lo lo lo lo lo lo lommento melvi vivi vivi vivi vivi vivi vivi vi	$\ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ld$Nature of association.______________________________________
$\ldots$	\\\\\\\\\\\\\\\\\\\
.http://www.com/2010/07/07/09/09/09/09/09/09/09	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

7. Addresses

The addresses of persons named in this form are as follows:

www.com/www.com/www.com/www.com/www.com/www.Name	Address
--------------------------------------CRAWLEY INVESTMENTS PTY LTD	PO BOX 870, Level 2, 23 VENTNOR AVENUE.WEST PERTH 6872
что в это в получаетельности на немецкой программа в совершении в совершении в совершении в совершении с соверш\\\\\\\\\\\\\\\\\\</u>,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	. 2.2.2.2.2.2.2.2.2.2.2.2.2.2.2.2.2.2.2

Signature

TOP	part name	MICHAEL KIERNAN	DIRECTORcapacity:
	sign here	Sedenament	date $22151$ T
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,			--------------------------------------3 PAPE

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, (∜} or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

See the definition of "associate" in section 9 of the Corporations Act 2001. (2)

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\langle 3 \rangle$

The voling shares of a company constitute one class unless divided into separate classes. í4)

The total number of votes aftached to all the voting shares in the company or voting interests in the scheme (if any) that the person $(5)$ or an associate has a relevant interest in.

The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $\langle \hat{G} \rangle$

include details of: $(7)$

any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy $(a)$ of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

any qualification of the power of a person to axercise, control the exercise of, or influence the exercise of, the voting powers or ∜ib i disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) ${8}$ wike "unknown".

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest (9) was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Corporations Act 2001 Section 6719

Notice of initial substantial holder

To Company Name/Scheme	PEEL EXPLORATION LIMITED
ACNMRSN	119 343 734
1. Details of substantial holder (1)Name	James Laurence Kiernan
ACNARSN (Familcable)
The holder became a substantial holder on	17/05 12007

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

--------------------------------------**************************************$\text{Class of section}$ (securities ${4}$ )	ALAM DI LOLONGO DA MASA SE A SER PARA PROVINCI DI LOS TELEVISIONES DE LA CARACTER.- Number of securities	-Person's voles (5).	--------------------------------2009/09/2010 12:00:00 00:00 00:00 00:00 00:00- Voling power (G)33333333333338 (2),300 0000000000000000000000000000000000
issues and associated and manufacturers and the contract of the contract of the contract of the contract of theORDINARY	--------------------------------------3,000,000	3,000,000,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	10.0%
.		,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and nurther of securities.
JAMES LAURENCE KIERNAN	DIRECT	ORDINARY SHARES 3.000.000
6555555553232323251A1A1A1______________________________________,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	じょうどうさい きょう アンタクシング アート・トーー

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entiled to beregistered as holder (8)	Class and numberof securities
JAMES LAURENCE KIERNAN	JAMES LAURENCEKIERNAN	N/A	ORDINARY SHARES3.000.000.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	,,,,,,,,,,,,,,,,,,,,,,,,

5. Consideration

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number ofsecurites
		Jack	Non-cash
JAMES LAURENCE KIERNAN			,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,	ORDINARY SHARES3.000.000

The reasons the persons ramed in paragraph 3 above are associates of the substantial holder are as follows:

**************************************	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Name and ACN/ARSN (If applicable)	Nature of association,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
======================================2.000000000000000000000000000000000000
************************************** \\$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$	weersveveveveveveveve
www.community.com/contractors.com/community/interactors/with the contractors of the contractors of the contractors of the contractors of the contractors of the contractors of the contractors of the contractors of the contr	21.021.021.021.021.021.021.021.021.020211111111;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

7. Addresses

The addresses of persons named in this form are as follows:

______________________________________5.455.411115.000000000000000000000000000Name	,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Address
JAMES LAURENCE KJERNAN	w ww.www.www.www.www.www.www.www.www.ww1008, CLAREMONT WA6910PO BOX I
.	ຆຆຆຆຆຆຆຆຆຉຉຉຉຉຉຉຉຉຉຉຉຉຉຉຉຒຉຒຉຒຉຒຉຉຉຉຉຉຉຉ--------------------------------------
38.06.629.00000000000000000000000000000000______________________________________

Signature

print narse sign here

Laurence kiernam

сарасём date $Z/1507$

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, 档 or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

See the definition of "associate" in section 9 of the Corporations Act 2001. (2)

See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\langle 3 \rangle$

$\langle \hat{A} \rangle$ The voting shares of a company constitute one class unless divided into separate olasses.

$(3)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

衛 The person's votes dwided by the total votes in the body corporate or scheme multiplied by 100.

$(7)$ Include details of:

any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy $\left( 0. \right)$ of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract. scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or 独 disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) ${B}$ write "unknown"

Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest $(9)$ was acquired has, or may, become entited to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benelt paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevent interest was acquired.