df3fbcc3-baaf-4dcf-a7a3-46b6b02ad9c3.pdf MINING LIMITED (Subject to Deed of Company Arrangement) ASX & POMSoX:IDC Update: Summit Development Limited

12 May 2016

Company Announcements Office

Summit Development Limited (SDL)

On 25 April 2016, notice of a petition to wind the company up was served at SDL's registered office with a hearing in the PNG National Court scheduled for 6 June 2016. Since receipt of the notice, we have been in contact with the relevant creditor to negotiate a positive outcome.

At this time, negotiations are incomplete and continuing. Indochine will update the market once negotiations are finalised.

Martin Jones

Deed Administrator P: +6108 9214 1444

E: info@indochinemining.com

Indochine Mining Limited (Subject to Deed of Company Arrangement) (ASX & POMSoX:IDC) www.indochinemining.com

Indochine Mining Limited published this content on 12 May 2016 and is solely responsible for the information contained herein.
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