ASX Announcement

3 July 2014

Appointment of Chairman of Singapore Listed ICP Ltd - Mr Aw

Executive Movements

Appointment
Tiaro Coal Limited (Tiaro Coal or the Company) is pleased to advise the appointment of Mr
Mick Aw as a director of the Company.
Mr Aw is the Chairman of ICP Ltd (SGX: ICP) (ICP), a company listed on the Catalist board of the Singapore Exchange Securities Trading Ltd. His appointment follows yesterday's announcement of the acquisition of a 19.9% interest in Tiaro Coal by ICP's wholly owned subsidiary AceA Resources Pte Ltd.
Dan Buckley, Tiaro Coal's Managing Director warmly welcomed the new director to the board, "We are very pleased by Mr Aw's decision to take personal interest in the board's stewardship of the Company. His experience in corporate finance and considerable business background will aid the Company's development of its metallurgical coal interests in Queensland, as well as opening new avenues for Tiaro Coal's growth."
Resignations
Following changes in the Company's share register and considering individual work load commitments, directors John Dawkins and Tan Sri Ibrahim Menudin have advised their resignations from Tiaro Coal's board.
Executive Chairman Peter Meers paid tribute to the departing directors, "Tan Sri Menudin is a founding director of Tiaro Coal and has been on the board since prior to its listing in 2008. Throughout his stewardship, Tan Sri has acted as the inaugural Chairman and oversaw the Company's transition from a green field coal explorer to now developing the Company's first coal mine in the Tiaro Coal Measures in Queensland. Tan Sri has contributed strongly to the Company's strategic direction. We wish him the very best in the future.
"Mr John Dawkins joined Tiaro Coal in 2013. The board wishes to sincerely thank Mr Dawkins for applying his highly regarded representational and corporate skill for the benefit of the board and for advocating the Company's interests in a period of its growth towards becoming coal mine development and operation."
For further information please contact:
Dan Buckley - Managing Director
Telephone: +61 2 9251 7177 or 0412 237 823
Henry Kinstlinger - Investor Relations
Telephone: +61 2 9251 7177

Level 2, 131 Macquarie Street Telephone +61 2 9251 7177

Sydney NSW 2000 Australia Facsimile +61 2 9251 7500 www.tiarocoal.com.au

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