ExSOPExecutive Share Ownership Plan
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The West Bowen Project resource calculation of 53.4 Mt of JORC Measured, Indicated and Inferred Resource satisfies the condition precedent for the issue of the Series One Shares under the executive share and option plan (EXSOP) as detailed on page 174 of the replacement prospectus dated the 6th of March 2012.
The full terms and conditions of the EXSOP are available as a pre-quotation disclosure (released 2 May 2012) on the Company's ASX announcement platform.