MSC minerals corporation limited

Minerals Corporation Limited (ASX Code: "MSC") today listed on...

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    Minerals Corporation Limited (ASX Code: "MSC") today listed on the Port Moresby Stock Exchange
    (POMSoX), reflecting the company's extension of its kaolin operations into Papua New Guinea.

    After the customary ringing of the bell at POMSoX to allow trading to commence, Minerals Corporation's
    Managing Director Mr. Vic Alexander said:
    "The listing reflects Minerals Corporation's long term plan to involve PNG as a processing and
    transshipment center for its Australian kaolin export business. Skardon River is currently exporting to
    Europe, the Middle East and Asian markets and once the PNG transshipment center is fully established,
    the Company will examine siting other processing activities in PNG as well."

    Mr Alexander added:
    "The Port Moresby Stock Exchange listing gives PNG investors the simplest, most straight-forward and
    equitable means to invest in one of the region's largest emerging china clay producers. It will also
    increase the liquidity of shares for existing PNG shareholders and expedite access to our shares for PNG
    investors."

    Local POMSoX Director and Managing Director of PNG based KINA SECURITIES, Mr Syd Yates,
    welcomed Minerals Corporation's inclusion on the exchange and believes it provides an excellent
    opportunity for the company to promote its current convertible notes offer to raise capital for Minerals
    Corporation's future growth.

    Mr Yates said:
    "We are delighted Minerals Corporation has chosen to dual-list on POMSoX. It allows local funds to
    invest in a company committed to utilizing PNG's infrastructure and excellent and very cost effective port
    facilities."

    Minerals Corporation will be listed on POMSoX as a foreign entity with any shares issued having a PNG
    status. Although the home listing of Minerals Corporation is on the Australian Stock Exchange, Minerals
    Corporation shares can be traded through brokers on POMSoX regardless of point of issue.
 
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Currently unlisted public company.

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