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EER ann. 17th March 2011...

Important notes:-

1. Core holes will be drilled to infill gaps in current thermal coal model and significantly increase the upcoming JORC Indicated Resource statement

2. Xenith has recommended that East Energy drill an additional row of strategically placed core holes along the Western edge to infill the gaps in the current thermal coal model and significantly increase the upcoming JORC Indicated Resource tonnage. "The preliminary figures already look quite good so this additional drilling will simply add additional tonnage to the report", said Mark Basso Managing Director East Energy

E.