ABN 42 000 837 472

31 January 2012

Manager

Company Announcements Office

Australian Securities Exchange

9 pages - Via ASX Online

Dear Sir/Madam,

APPENDIX 3B - New Issue Announcement

Pursuant to ASX Listing Rule 3.10.5 we enclose a duly completed "Appendix 3B - New issue

announcement, application for quotation of additional securities and agreement" in respect of

83,333 fully paid ordinary shares.

The above shares rank equally with all other issued ordinary shares of the Company.

Yours faithfully,

KINGSGATE CONSOLIDATED LIMITED

Ross Coyle

Company Secretary

Kingsgate Consolidated Limited Telephone: 61 2 8256 4800 (ABN 42 000 837 472) Facsimile: 61 2 8256 4810

Suite 801, Level 8, 14 Martin Place Email: info@kingsgate.com.au
Sydney NSW 2000 Australia Website: www.kingsgate.com.au

Appendix 3B New issue announcement Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

KINGSGATE CONSOLIDATED LIMITED

ABN

42 000 837 472

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of +securities issued or to be issued

Ordinary shares

2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

83,333

3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid

+securities, the amount outstanding

and due dates for payment; if

+convertible securities, the conversion price and dates for conversion)

The same terms as existing ordinary shares on issue.

+ See chapter 19 for defined terms.

1/1/2003 Appendix 3B Page 1

Appendix 3B New issue announcement

4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted

+securities?

If the additional securities do not rank equally, please state: