5 October 2012 ASX Code: P T R

ABN 17 106 806 884

Level 1, 129 Greenhill Road

Unley SA 5061

T: +61 8 8274 5000 F: +61 8 8272 8141 W: www.petratherm.com.au/ E: admin@petratherm.com.au PETRATHERM LIMITED ABN 17 106 806 884 Rights Issue Update

Petratherm is pleased to advise that the Company's two largest shareholders Minotaur Exploration Ltd (15.27%) and Australian Ethical (7.13%) have confirmed their intention to participate in the pro rata Rights Issue offer announced on 19 September 2012.
Minotaur Exploration and Australian Ethical have committed for
$218,778 and $105,995 respectively.
Petratherm also advises that all of the Company's Directors have confirmed their intention to take up their full entitlements.
These commitments provide strong support for the Company and its projects and a solid start for the Rights Issue.
Yours faithfully

Terry Kallis

Managing Director

MEDIA CONTACT:

Terry Kallis

Petratherm Limited

08 8274 5000

Kieran Hall

Hughes Public Relations

08 8412 4100

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