TERRACOM LIMITED — M&A Activity 2014

Nov 18, 2014

Level 7, 490 Upper Edward Street Spring Hill QLD 4000 Telephone: 07 3005 1533 www.guildfordcoal.com.au

==> picture [101 x 102] intentionally omitted <==

19 November 2014

ASX Announcement Receipt of Bidder’s Statement

Guildford Coal Limited ( Guildford or the Company ) has today received a copy of the Bidder’s Statement in relation to the offer by Sino Construction Limited ( Sino Construction or the Bidder ) to acquire all of the issued capital of Guildford ( Offer ). Under the Offer, Guildford shareholders are being offered 1 Sino Construction share for every 4.5 Guildford shares held.

Guildford notes that the following key dates in relation to the Offer:

• Offer opens: 24 November 2014

• Offer closes (unless extended or withdrawn): 7pm Sydney time on 25 February 2015

Guildford recommends that shareholders take no action until the board has considered the Offer and made a recommendation, which will be contained in Guildford’s Target’s Statement.

Shareholders are encouraged to read both the Bidder’s Statement and Target’s Statement (once issued) and, if they consider appropriate, to seek professional advice before deciding how to respond to the Offer.

For further information, please contact Tony Mooney – Investor Relations on +61 4 2384 1259.

==> picture [100 x 51] intentionally omitted <==

Peter Kane

Group Managing Director

Guildford Coal Limited ABN 35 143 533 537 Level 7, 490 Upper Edward Street, Spring Hill, QLD, 4000 Tel: +61 (7) 3005 1533 Fax: +61 (7) 3834 3385 info@guildfordcoal.com.au

1