15 July 2011

The Manager

Company Announcements Platform

ASX Limited

Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Gloucester Coal Ltd (ACN 008 881 712) (Gloucester) under section 708A(5)(e) of the

Corporations Act 2001 (Cth) (Corporations Act).

On 16 May 2011 Gloucester announced it had entered into an agreement (Share Purchase Deed) with Noble Group Limited (Noble) to acquire, subject to shareholder approval, 100% of the issued share capital in Donaldson Coal Holdings Limited (Donaldson) from Noble. As part of the consideration for the acquisition of Donaldson under the Share Purchase Deed, Gloucester agreed to issue to Mt Vincent Holdings Pty Ltd (Mt Vincent), a wholly owned subsidiary of Noble, new Gloucester shares with an aggregate value of A$360 million, at an issue price of

$9.75 per share (Consideration Shares). Gloucester advises that:

(a) on 14 July 2011, 36,923,076 ordinary, fully paid Gloucester shares were issued to Mt Vincent as

Consideration Shares;

(b) Gloucester issued the Consideration Shares without disclosure to investors under Part 6D.2 of the

Corporations Act;

(c) as at the date of this notice, Gloucester has complied with:

(i) the provisions of Chapter 2M of the Corporations Act as they apply to Gloucester; and

(ii) section 674 of the Corporations Act; and

(d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7)

or 708A(8) of the Corporations Act. Yours faithfully

Craig Boyd

Company Secretary and Chief Financial Officer

Gloucester Coal Ltd

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. PERSONS

This notice does not constitute an offer to sell securities in the US or to U.S. Persons. Neither the entitlements nor the New Shares have been or will be registered under the United States Securities Act of 1933 as amended (“Securities Act”), and may not be offered or sold in the United States or to, or for the account or benefit of, “U.S. Persons” (as defined under Regulation S of the Securities Act), except in a transaction exempt from the registration requirements of the Securities Act.

Gloucester Coal Ltd ABN 66 008 881 712

Location Level 7, 167 Macquarie Street, Sydney, NSW, 2000 Australia

Phone 61 2 9220 9900 Fax 61 2 9220 9999 www.gloucestercoal.com.au