PEEL MINING LIMITED — Proxy Solicitation & Information Statement 2010

Sep 15, 2010

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16[th] September 2010

Manager Announcements Company Announcements Office Australian Stock Exchange Limited Level 4, 20 Bridge St Sydney, NSW 2000

Dear Shareholder,

Peel Exploration Ltd (ASX: PEX ) recently sent a Notice of General Meeting with attached proxy form to you. It has come to our attention that an error relating to the proxy form return address has resulted in some forms being “returned to sender”. Please accept Peel’s apologies for this administration error.

Please find attached a new proxy form with the correct mail-back address included.

Peel Exploration Ltd also advises that it has relocated its Registered Office and Principal Place of Business to:

Unit 1, 34 Kings Park Rd West Perth WA 6005.

Peel’s postal address has also changed to:

PO Box 849 West Perth WA 6872.

Peel’s telephone contacts remain unchanged:

Ph: (08) 9382 3955. Fax: (08) 9388 1025.

Yours sincerely,

Rob Tyson Managing Director Peel Exploration Mob: 0420 234 020.

Peel Exploration Limited ACN 119 343 734

Unit 1, 34 Kings Park Rd, West Perth, WA 6005. Ph: (08) 9382 3955. Fax (08) 9388 1025. E:rtyson@peelex.com.au

www.peelex.com.au

PROXY FORM

APPOINTMENT OF PROXY PEEL EXPLORATION LIMITED ABN 42 119 343 734

GENERAL MEETING

I/We of

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being a member of Peel Exploration Limited entitled to attend and vote at the General Meeting, hereby

Appoint

Name of proxy

OR the Chair of the General Meeting as your proxy

or failing the person so named or, if no person is named, the Chair of the General Meeting, or the Chair’s nominee, to vote in accordance with the following directions, or, if no directions have been given, as the proxy sees fit, at the General Meeting to be held at 11 am (WST), on 6 October 2010 at The Vic Hotel, 1[st] Floor, 226 Hay Street, Subiaco, Western Australia and at any adjournment thereof.

If no directions are given, the Chair will vote in favour of all the Resolutions.

OR

Voting on Business of the General Meeting

FOR AGAINST

ABSTAIN Resolution 1 – Issue of Shares to Hampton Hill Mining NL Resolution 2 – Ratification of Prior Issue of Shares to Imperial Corporation Limited

Please note : If you mark the abstain box for a particular Resolution, you are directing your proxy not to vote on that Resolution on a show of hands or on a poll and your votes will not to be counted in computing the required majority on a poll.

Signature of Member(s): Date: ____ Individual or Member 1 Member 2 Member 3 Sole Director/Company Director Director/Company Secretary Secretary

Contact Name: _____ Contact Ph (daytime): _________

PEEL EXPLORATION LIMITED ABN 42 119 343 734

Instructions for Completing ‘Appointment of Proxy’ Form

1. ( Appointing a Proxy ): A member entitled to attend and vote at a General Meeting is entitled to appoint not more than two proxies to attend and vote on a poll on their behalf. The appointment of a second proxy must be done on a separate copy of the Proxy Form. Where more than one proxy is appointed, such proxy must be allocated a proportion of the member’s voting rights. If a member appoints two proxies and the appointment does not specify this proportion, each proxy may exercise half the votes. A duly appointed proxy need not be a member of the Company.

2. ( Direction to Vote ): A member may direct a proxy how to vote by marking one of the boxes opposite each item of business. Where a box is not marked the proxy may vote as they choose. Where more than one box is marked on an item the vote will be invalid on that item.

( Signing Instructions ):

• ( Individual ): Where the holding is in one name, the member must sign.

• ( Joint Holding ): Where the holding is in more than one name, all of the members should sign.

• ( Power of Attorney ): If you have not already provided the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

• ( Companies ): Where the company has a sole director who is also the sole company secretary, that person must sign. Where the company (pursuant to Section 204A of the Corporations Act) does not have a company secretary, a sole director can also sign alone. Otherwise, a director jointly with either another director or a company secretary must sign. Please sign in the appropriate place to indicate the office held.

• ( Attending the Meeting ): Completion of a Proxy Form will not prevent individual members from attending the General Meeting in person if they wish. Where a member completes and lodges a valid Proxy Form and attends the General Meeting in person, then the proxy’s authority to speak and vote for that member is suspended while the member is present at the General Meeting.

• ( Return of Proxy Form ): To vote by proxy, please complete and sign the enclosed Proxy Form and return by:

• (a) post to Peel Exploration Limited, PO Box 849, West Perth, Western Australia 6872; or

• (a) facsimile to the Company on facsimile number +61 8 (+61 8) 9388 1025,

so that it is received not later than 11 am (WST) on 4 October 2010.

Proxy forms received later than this time will be invalid.