Sumatra Copper & Gold plc : SUM Allotment of Rights Issue Shortfall Completed 20130618

ASX Announcement

18 June 2013

Allotment of Rights Issue Shortfall Completed Underwriters take up $7.9M (46.8 Million CDIs)

Sumatra Copper & Gold plc (ASX:SUM) (Sumatra or Company) is pleased to advise that it has allotted and dispatched the remaining shortfall CDI's to the underwriters following completion of the fully underwritten $20 million Rights Issue announced on 8 May 2013.

As announced on 11 June, the balance of the underwritten amount ($7.9 million or 46.8 million CDIs) has been taken up by the Company's major shareholder and cornerstone investor, Provident Capital Partners Pte Ltd, and other major shareholders.

Issued Capital
Total number of CDIs issued:	412,540,645
Ordinary Shares not represented by CDIs:	1,927,006
Unquoted options:	59,881,332

Following completion of the rights issue and allotment of the shortfall CDI's,

Sumatra will have cash reserves of approximately $25 million.

The proceeds raised from the rights issue will be used primarily to develop the Company's flagship Tembang Gold-Silver Project in Sumatra, Indonesia, as well as to progress exploration and business development opportunities.

The Company is pleased to provide an updated list of its Top 20 shareholders following completion of the Rights Issue:

Directors

Warwick Morris

Non-Executive Chairman

Julian Ford

Managing Director and CEO

Adi Sjoekri

Executive Director

Jocelyn Waller

Director (Non-Executive)

Contact

Lvl 1, 5 Ord St, West Perth, WA, 6005

T: [phone]

E: [e-mail]

Registered in England and Wales

Registered address

39 Parkside, Cambridge

United Kingdom CB1 1PN

Registered Number 5777015

ASX Code: SUM

www.sumatracoppergold.com

Top 20

SUMATRA COPPER & GOLD PLC

Rank Name Units % of Units

1. PROVIDENT MINERALS PTE LTD 107,632,030 26.09%
2. PT SARATOGA INVESTAMA SEDAYA 64,234,316 15.57%

3. MR GARIBALDI THOHIR 44,356,656 10.75%
4 YAW CHEE SIEW 24,972,309 6.05%

5 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 23,639,321 5.73%
6. NATIONAL NOMINEES LIMITED 23,633,279 5.73%

7. CITICORP NOMINEES PTY LIMITED 12,529,180 3.04%
8. ABN AMRO CLEARING SYDNEY NOMINEES PTY LTD
8,493,037 2.06%
9. UOB KAY HIAN PRIVATE LIMITED 7,772,955 1.88%
10. BERRAFALL PTY LTD 7,500,000 1.82%

11. ADI ADRIANSYAH SJOEKRI 4,974,000 1.21%
12. DBS VICKERS SECURITIES (SINGAPORE) PTE LTD 4,672,929 1.13%

13. JP MORGAN NOMINEES AUSTRALIA LIMITED 4,626,900 1.12%
14. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED
1,700,000 0.41%
15. MR MATTHEW CHARLES FARMER 1,685,540 0.41%
16. BNP PARIBAS NOMS PTY LTD 1,538,052 0.37%

17. MR BRADLEY JOHN PETTERSSON 1,500,000 0.36%
18. LOFIVA PTY LTD 1,368,908 0.33%

19. PATA NOMINEES PTY LTD 1,350,000 0.33%
20. ROSIGNOL PTY LTD 1,235,000 0.30%

Top 20 holders of CHESS DEPOSITORY INTERESTS 1:1 349,414,412 84.70% Total Remaining Holders Balance 63,126,233 15.30%

Total Issued CDIs 412,540,645

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For further information please contact:

Julian Ford Nicholas Read / Paul Armstrong

Managing Director Read Corporate

Sumatra Copper & Gold plc T: [phone]

T: [phone] M: [phone] [e-mail]

About Sumatra Copper & Gold

Sumatra Copper & Gold plc (ASX: SUM) is an emerging gold and silver producer and the pre-eminent precious metals explorer in southern Sumatra, Indonesia. The Company has a significant project portfolio covering an area of more than 3,200km2 and encompassing a pipeline of projects ranging from greenfields exploration projects to brownfields, near-production opportunities.

Sumatra's flagship asset, the 100%-owned Tembang Gold-Silver Project, is on track for production during 2014. Tembang has Proven Reserves of 2.4Mt at 2.5 g/t Au and 38.7 g/t Ag for a total of 0.2Moz of gold and 3Moz of silver and Probable Reserves of 3.1Mt at 2.1 g/t Au and 25.6 g/t Ag for a total of 0.2Moz of gold and 2.5Moz of silver (total of 0.4Moz of gold and 5.5Moz of silver) which are compliant with the 2004 JORC Code.

The Stage 1 production plan is a low-cost, high-grade operation targeting 400,000 tonnes per annum (tpa) process capacity to produce 30,000oz per annum of gold and 200,000oz per annum of silver. Sumatra plans to fund the Stage 2 upgrade from cash flow, increasing throughput to 900,000tpa and production to 50,000oz of gold per annum and silver production to 500,000oz per annum. The ramp-up is expected to take place over a one year period. The current life-of-mine plan is for 7.5 years based on the current resource inventory.

Under a joint venture with Newcrest Mining Ltd, Sumatra is currently exploring the Tandai project (30% Sumatra;

70% Newcrest). Newcrest has already met its minimum expenditure position of US$1.75 million and has an option to earn a 70% interest by spending US$12 million over 5 years. Sumatra has identified significant gold mineralisation at Tandai, which has historic high-grade production of 1.4Moz ounces gold.

Sumatra also has the 100%-owned Sontang Project, which is an early-stage high-grade zinc, gold and silver exploration project.

Competent Person's Statement - Mineral Resources

The information relating to Mineral Resources is based on information compiled by Mr David Stock MAusIMM who is an independent Geological Consultant to the Company and is a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' and has consented to the inclusion in this report of the matters based on his information in the form and context in which they appear. In addition, the Mineral Resource estimates were reviewed by Mr Robert Spiers who is a member of AIG and a full time employee of Hellman & Schofield Pty Ltd. Mr Spiers has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.

Competent Person's Statement - Ore Reserves

The information in this report that relates to Open Pit and Underground Ore Reserves is based on information compiled by Mr Shane McLeay of Entech Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr McLeay has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the

2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr McLeay consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

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