LISTING: PRCRC: Quotation Notice (PRCRC)

4 May 2010 1:14 pm

PRC 04/05/2010 LISTING

REL: 1314 HRS Pike River Coal Limited

LISTING: PRCRC: Quotation Notice (PRCRC)

Quotation Notice Renounceable Rights (PRCRC)

Company Name: Pike River Coal Limited (PRC)

Details of Security to be Quoted: Renounceable Rights

Ratio: 2 : 18.905331689

Issue Price: NZ$0.88

Payable: In full on application

Fractional Entitlements: Disregarded

Record Date: Friday, April 30, 2010

Ex Rights: Monday, May 3, 2010

Expected Mailing of Entitlement Letters: Monday, May 3, 2010

Cease Quoting Rights on NZSX: Monday, May 17, 2010

Receipt of Acceptances and Renunciation Close Date: Wednesay, May 19, 2010

Allotment Date: Friday, May 21, 2010

Quotation of New Shares on the NZSX Market following Allotment: Monday, 24 May, 2010

Tradeable Rights Code: PRCRC

Organising Participant: UBS New Zealand Limited

Share Registry: Computershare Investor Services Limited (RMLT)

Settlement Status: FASTER

ISIN: NZPRCE0005S4

Rights commence trading on the NZSX: Monday, May 3, 2010

M. Weldon Chief Executive Officer NZX Limited

03 May 2010 End CA:00194491 For:PRC Type:LISTING Time:2010-05-04:13:14:43

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