New export offtake contract and IPP arrangements Resource Generation Limited Registered in Australia under the Corporations Act, 2001 (Cth) with registration number ACN: 059 950 337 ISIN: AU000000RES1 Share Code on the ASX: RES Share Code on the JSE: RSG ("Resgen" or the “Company”) New export offtake contract and IPP arrangements Resource Generation Limited has entered into two arrangements with Valu Investments Pte. Ltd (Valu), a special purpose vehicle which will be jointly owned by Mr Jaimin Vyas, who is an entrepreneur, investor and project developer in the infrastructure sector, and IL&FS Energy Development Company Limited (“IEDCL”), an Indian company which specialises in the energy infrastructure space. Valu has entered into a 20 year export coal offtake contract for 1.0 million tonnes per annum of coal, with supply after production commences at the Boikarabelo mine. Coal prices will be set by reference to an internationally recognised index at the time of each shipment. Following the commencement of stage 2 production, the volume increases to 2.0 million tonnes per annum. In conjunction with this, the existing 0.5 million tonnes per annum contract with Bhushan Steel Limited (Bhushan Steel) has been terminated with no penalty payable by either party. Bhushan Steel is not a shareholder in Resource Generation. Valu has undertaken to conduct feasibility studies for the development of both a 200 MW power station and a larger 1200 MW coal fired power station proposed to be located adjacent to the Boikarabelo mine. Resource Generation has granted Valu the right to own, build and operate both of the coal fired power stations as an independent power project. In conjunction with this, the feasibility study arrangements with CESC Limited have been terminated with no penalty payable by either party. The export coal contracts are currently as follows in mtpa: Stage 1 Stage 2 Y1-Y3 Y4-Y7 Y8 Y9-12 Y13-14 Y15-20 Y21-35 Y36-Y38 CESC 1.0 2.0 4.0 4.0 4.0 4.0 4.0 4.0 Noble 0.5 0.5 0.5 1.5 2.0 2.5 2.5 Valu 1.0 1.0 2.0 2.0 2.0 2.0 Total 2.5 3.5 6.5 7.5 8.0 8.5 6.5 4.0 Note. If, as expected, Stage 2 production commences earlier, both CESC and Valu tonnages increase by 1mtpa in those earlier years. Sydney 10 July 2013 JSE Sponsor: Macquarie First South Capital (Proprietary) Limited Contacts Paul Jury, Managing Director on (02) 9376 9000 or Steve Matthews, Company Secretary on (02) 9376 9000 Media enquiries Anthony Tregoning (02) 8264 1000 Resource Generation Limited (ACN 059 950 337) www.resgen.com.au Level 12 Chifley Tower, 2 Chifley Square, Sydney NSW 2000 GPO Box 5490, Sydney NSW 2001. Phone +61 2 9376 9000 Fax +61 2 9376 9013 1 Date: 10/07/2013 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.