ASX RELEASE

NEW DATE SET FOR SECOND COURT HEARING FOR THE PROPOSED SCHEME OF ARRANGEMENT WITH U&D MINING 8 March 2013 Second Court Hearing adjourned until Friday, 19 April 2013

Endocoal Limited (ASX: EOC, Endocoal) would like to update Shareholders on the status of the proposed Scheme of Arrangement (Scheme) with U&D Mining Industry (Australia) Pty Ltd (U&D Mining).
As announced on 7 March 2013, the hearing before the Federal Court of Australia (Court) to approve the Scheme (Second Court Hearing) was originally scheduled for Friday, 8 March 2013.
As the necessary Chinese regulatory approvals had not yet been received the Endocoal board advises that the Court has granted Endocoal's request to adjourn the Second Hearing until 10.15am (AEST) on Friday, 19 April 2013.
Endocoal will continue to work with U&D Mining to enable the Chinese approvals to be received in a timely manner.
Endocoal will provide further updates to Shareholders on the progress of the transaction as necessary and as further information becomes available.

Further Information

If Endocoal shareholders have any questions regarding the proposed Scheme they are urged to contact the Endocoal Company Secretary, Peter Edwards, on 07 3720 9300 (within Australia), or +61 7 3720

9300 (outside Australia), from 9:00am to 5:00pm Australian Eastern Standard Time. Yours faithfully
Peter Edwards
Company Secretary

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ASX RELEASE

About Endocoal

Endocoal is an Australian public company focused on exploration of coal tenements and mine development in the Bowen Basin, Queensland's premier coal producing region. Endocoal currently holds JORC Marketable Reserves of 13Mt and total JORC Resources of 498Mt. The Company is proceeding to develop an export-quality thermal coal open cut mine at its flagship Orion Downs tenement, positioned close to existing infrastructure. Endocoal has several other tenements in the Bowen Basin region. These will be the subject of future exploration and drilling activities. Near-term priority will focus on Rockwood tenement with anthracite coal prospective for PCI coal; plus greenfield Talwood and Stockyard Creek Project tenements where scout drilling has commenced seeking coking coal. At both locations, coal seams have been intersected and are being evaluated. At Pretoria Hill an exploration program with joint venture partner Carabella Resources (ASX:CLR) is being planned. Elsewhere, tenement applications will target other locations identified as being potentially prospective for coal exploration.

Endocoal Limited

Directors & Management

ACN 132 183 281

ASX CODE: EOC Securities Information

Ordinary Fully Paid Shares: 186.9m

Unlisted Options & Rights: 20.8m

Phillip McCarthy

Non-Executive Chairman

Tim Hedley

CEO & Managing Director

Peter Edwards

CFO and Company Secretary

Lex Hansen

Non-Executive Director

Gavin Solomon

Non-Executive Director

Ray Miller

Non-Executive Director

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