“As reported to the ASX, AACL Holdings Limited sold its main operating business to Glencore for approximately A$8.5M with settlement on the 15^th October 2012.

 The board is now looking for a transactions/business to vend into AACL to maximise shareholder wealth.”

 For further information please contact:

 Nathan Omodei (Non Executive Director) or Mark Griffiths (Chief Financial Officer) on (08) 9217 3777.