AUSTRAL

Austral Coke & Projects Limited has informed the Exchange regarding "Intimation regarding termination of Share Purchase Agreement dated September 29, 2012 on the part of Non Performance by Acquirer Company named M/s. Aum Saw Pipes and Industries Private Limited and consequent Breach of terms of Open Offer placed before promoter shareholders of M/s. Greenearth Resources and Projects Ltd. (Target Company)".

Comfort Securities Ltd ("Manager to the Offer") on behalf of M/s Aum Saw Pipes & Industries Pvt Ltd ("Acquirer") has informed the Exchange regarding the Announcement to the shareholders of "Greenearth Resources and Projects Ltd" (Formerly "Austral Coke & Projects Ltd") ("Target Company"), under Regulation 18(7) in terms of SEBI (Substantial Acquistion of Shares and Takeovers) Regulations, 2011.

Austral Coke & Projects Limited has submitted to the Exchange a a Copy of Recommendations of the Committee of Independent Directors (IDC) on the Open Offer to the Shareholders of the Company under Regulation 26 (7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Austral Coke & Projects Limited has informed the Exchange that company has decided to set up 2 plants of Coke, each having capacity of 1.5 Lac MT/ Annum totaling to 3 Lac MT/ annum, and 8 MW waste heat Generated power plant at Gadhinglaj, Kolhapur through SPV (Special purpose vehicle) Company.

Austral Coke & Projects Limited has informed the Exchange that: "Austral Coke & Projects Ltd. acquired 1,82,000 square meters of land at Vizag, Andhra Pradesh to set up a Lam Coke Manufacturing Plant, which will have a capacity of 6,00,000 MTPA". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Austral_Updates_06082009.zip target=NEW> For more details click here.</a>