Ann: FMG:Fortescue announces acquisition of a stake in Atlas Iron, page-264

CORRECTION OF MEDIA SPECULATION MRL has never intended to transport any of the Atlas iron ore on the Pilbara Infrastructure Project. The corridor for the MRL rail system does not pass in close proximity to the Atlas iron ore deposits. The Atlas ore bodies are too small to warrant the expense associated with installing a spur line to them. The Company makes the followings observations: 1. Utah Point was built to exclusively support the juniors; and 2. It has long been bipartisan policy of Western Australian State Governments that access to Utah Point is reserved exclusively for the junio

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