ALLOT: PRC: Issue of Securities

21 Jun 2010 3:21 pm

PRC 21/06/2010 ALLOT

REL: 1520 HRS Pike River Coal Limited

ALLOT: PRC: Issue of Securities

ISSUE OF SECURITIES Announcement in terms of listing rule 7.12.1

Please be advised of an issue of securities as follows;

(a) Class of Security - Ordinary Shares (PRC). (b) Number issued - 189,700 (c) The nominal value and issue price - $0.90 (no nominal value). (d) Payment was in cash. (e) Fully paid shares. (f) The percentage of the total class of securities issued - less than 0.05% (g) The reason for issue - shares sold in accordance with the terms of the Employee Share Ownership Plan (ESOP) rules and the Pike River Coal constitution. (h) The specific authority for the issue - ESOP Plan Rules dated 4 August 2006 (modified 21 January 2008), and Pike River Coal constitution dated 17 October 2005. (i) The terms or details of the issue - rank pari passu with existing ordinary shares. (j) Total number of listed securities in existence after the issue - 404,971,067 Ordinary Shares; Options (2011) 64,281,875. (k) N/a (l) Date of issue - 21 June 2010. End CA:00196325 For:PRC Type:ALLOT Time:2010-06-21:15:21:01

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