$2m loan from range, page-2

aggie page 22 of half year interm finacials.

Unsecured loans from related parties (i) 2,115,210 - Unsecured loans other (ii) 951,820 -
3,067,030 -

(i) Loan is interest bearing at 10% per annum and repayable on or before 30 June 2012 in AUD (ii) Loan is interest bearing at 10% per annum and repayable on or before 30 June 2012 in AUD

Page 33 of same announcement.

During the period, Continental Coal Limited entered into a loan agreement with Range Resources Limited, a company which Peter Landau is a Director, in which $2,115,210 was advanced to Continental. The loan is interest bearing and repayable in Australian dollars on or before 30 June 2012.