85 percent increase in jorc iron ore to 493mt

Highlights
• Total iron ore resources now totals 493 million tonnes.
• 227Mt increase in resources from previous initial estimate released in
May 2007.
• Significant potential to expand resources further.

Will be interesting to see what AMCI's next move is now.

AQA had previously advised resource upgrade for 1Q08 and with continuous disclosure requirements for a public listed company and impact on JV partners RHI, CUL, HLX had to make this announcement.

AQA up 8%, RHI up 20% (AQA hold 60%, earning 80% of RHI rights).