ASX ANNOUNCEMENT 30 April 2014 DEED OF TERMINATION AND RELEASE...

ASX ANNOUNCEMENT

30 April 2014


DEED OF TERMINATION AND RELEASE
On the evening of 8 April 2014, Padbury Mining Limited (ACN 009 076 242) (ASX:PDY)
(Padbury), Midwest Infrastructure Pty Limited (ACN 147 636 137), Alliance Super Holdings Pty
Limited (ACN 162 148 432) and Superkite Pty Limited (ACN 149 659 610) entered into a
shareholders agreement (Agreement) for the purpose of the design, procurement, construction,
commissioning and operational management of a deep water port at Oakajee, Western Australia
and its associated rail network (Oakajee Project). Padbury made a market announcement in
relation to the Agreement on 11 April 2014.
On the evening of 29 April 2014, the parties to the Agreement signed a deed of termination and
release in relation to the Agreement (Deed of Termination and Release). The effect of the Deed
of Termination and Release is to terminate the Agreement, and to release and discharge the
parties from any claims arising under or in connection with the Agreement or its termination (other
than in respect of the confidentiality restrictions in the Agreement).
Padbury will continue to actively explore all available opportunities to exploit its existing
intellectual property with respect to the Oakajee Project.