PHOSCO LTD — Board/Management Information 2014

Sep 2, 2014

ASX Announcement 3 September 2014

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ACN 139 255 771 ABN 82 139 255 771

Level 4, 100 Albert Road South Melbourne VIC 3205

Contact:

Phone: +61 (0)3 9692 7222 Fax: +61 (0)3 9077 9233 info@celamin.com

Media and Investor Relations:

James Moses Mandate Corporate Phone: +61 (0) 420 991 574 james@mandatecorporate.com.au

Appointment of Director

The board of Celamin Holdings NL (ASX: CNL) (Celamin, the Company) is pleased to announce that Mr Gary Scanlan has rejoined the board as a Non-Executive Director. The board is delighted to have the benefit of Mr Scanlan’s long experience in the mining industry in its deliberations, particularly because of his expertise in capital markets and financial management. In addition to his role as a Non-Executive Director Mr Scanlan has agreed to serve as Chairman of the Audit Committee of the board and as Deputy Chairman of the board.

Celamin Holdings Chairman Andrew Thomson said:

“We are very pleased to have Gary’s direct input and greater involvement at a time when the company is moving to rapidly advance its definitive feasibility study of the Chaketma phosphate project in Tunisia. His project experience and knowledge of capital markets adds a vital element to the board’s spectrum of expertise.”

For further information or enquiries, please contact:

Board of Directors:

Andrew Thomson, Non-Exec Chairman Gary Scanlan, Non-Exec Director Russell Luxford, Non-Exec Director Martin Broome, Non-Exec Director David Regan, Non-Exec Director Tim Markwell, Non-Executive Director

Chief Executive Officer:

Nic Clift

Company Secretary:

Melanie Leydin

Securities on Issue:

CNL: 235,671,986 ordinary shares CNLCA: 14,887,796 partly paid shares

Nic Clift Chief Executive Officer Celamin Holdings NL T: +61 (0)3 9692 7222 E: nic.clift@celamin.com

About Celamin Holdings NL

Celamin is an ASX listed mineral resources company (ASX: CNL) focused on the exploration and development of the Chaketma Phosphate Project in Tunisia. The project comprises six prospects over a total area of 56km[2] . Celamin holds the Chaketma Phosphate Permit with its Tunisian partner Tunisian Mining Services (TMS).

The project currently has a total JORC compliant Inferred Resource of 130Mt @ 20.5% P2O5. The Resources inventory comprises a JORC compliant Inferred Resource of 93Mt @ 20.3% P₂O₅ at the Gassa Kebira prospect, and a JORC compliant Inferred Resource of 37Mt @ 21% P₂O₅ at the Kef El Louz North prospect. Only drilling at these two prospects is included in the current Resource statement.

The Kef El Louz prospect is the largest of the prospects within the Chaketma project area. It is approximately six kilometres from north to south, and covers an area of more than three square kilometres. Mapping, trenching and drilling at the north-western corner of the Kef El Louz prospect has confirmed that this area has the potential to meet grade, as well as metallurgical and strip ratio criteria.

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Gassaa Kebira is the northernmost prospect. It has an elongate shape and spans approximately 2.6km northsouth and 0.9km east-west, over a surface area of 2.36km[2] .

Celamin is focused on completing a Definitive Feasibility Study at the Chaketma Project as its next stage in the project’s development. Ongoing exploration at the project consists of mapping, drilling and channel sampling across all prospects – including the Gassa Kebira, Sidi Ali Ben Oum Ezzine, Kef EL Louz and Douar Ouled Hamouda prospects.

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