Just to add, this out from WDR this morning. Take over is a no...

Just to add, this out from WDR this morning. Take over is a no go.

TAKE-OVER OFFER – MEIJIN ENERGY GROUP
The Board of Western Desert Resources Limited (“WDR”) advises that Meijin Energy Group have this
morning informed that they shall not be proceeding with their proposed acquisition of WDR.
In response to the surprising news Mr. Norm Gardner, the Managing Director said “It is unfortunate
that Meijin have decided not to proceed with the acquisition. Only Meijin know the true reasons for
their surprising and without warning decision this morning. Given the discussions and feedback WDR
has had with the parties conducting Due Diligence and providing support to Meijin over the last six
weeks we are of the view that the decision not to proceed was not actually based upon the WDR
business or its potential. WDR remains committed to the development of the Roper Bar iron ore
project and to the commencement of Mining by May 2013, with a first shipment of ore by October
2013. We remain on budget to complete the project as previously outlined”.