Company Information for Altona Resources Plc

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Company Statement

Altona Resources Plc (‘Altona’) listed on the AIM London Stock Exchange in March 2005.  Altona has a strong management team with many years experience in investment, mining and the energy industry globally.

Altona holds through its wholly owned subsidiary Arckaringa Energy Pty Ltd, a 100% interest in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia and including three coal deposits – Westfield (EL3360), Wintinna (EL3361) and Murloocoppie (EL3362).  All three deposits lie close to the Adelaide to Darwin railroad and the Stuart Highway.
     
Altona’s primary focus is the completion of a bankable feasibility study for an integrated 10 million barrel per year Coal to Liquid (CTL) plant with a 560 MW co-generation power facility.

Containing more than 7.5 billion tonnes of coal, or an equivalent 7.5 billion barrels of petroleum products, these coal deposits are effectively one of the world’s largest undeveloped energy banks, capable of conversion into clean liquid fuels, low cost power and high value industrial feedstocks.

Operations and Technology

The Arckaringa Project
The Project ‘Base Case’ includes   

• a 10 Million Tonne Per Annum (MTPA) open cut mine at Wintinna
• a CTL plant producing 10 Million Barrels Per Annum (MBPA) or 30 Thousand Barrels Per Day (KBPD) of liquid products, mainly zero sulphur diesel fuel 
• 560 MW of power for export

In 2007, the Project moves towards the final feasibility stage. The first step will be to complete a field drilling programme to update the Wintinna deposit to current JORC classification standards and to extract bulk samples for coal quality and process testing. Ensuing steps include CTL plant and mine design and cost optimisation and environmental and social impact studies. Amongst the challenges which will receive priority attention are the use and disposal of water in an area subject to water allocation approvals and the mitigation of greenhouse gas emissions. As indicated above, the CTL process and co-generation of power offer the potential for innovative and practical responses to these challenges.

Other Projects Being Investigated

In addition to the CTL project, Altona are also investigating the following projects:

• Underground gasification 
• Coal offtakes for domestic supply 
• Coal briquette

Geographical Spread

Board of Directors and Key Management

Christopher Walter Lambert	Chairman
Christopher John Schrape	Managing Director
Anthony John Samaha	Financial Director
Norman Lee Kennedy	Technical Director
Phillip George Sutherland	Non Executive Director

Company Address Third Floor 55 Gower Street London, United Kingdom WC1E 6HQ Telephone: +44 (0)207 024 8391 Email: admin[at]altonaresources.com Website: http://www.altonaresources.com

Capital Share Capital at 15 July 2007 - 283,165,784

Year End 30 June

Nominated Brokers Matrix Corporate Capital LLP One Jermyn Street London SW1Y 4UH

Nominated Advisors Nabarro Wells and Co. Limited Saddlers House Gutter Lane Cheapside London EC2V 6HS

Major Shareholders

Euroclear Nominees Limited	16.6%
Securities Services Nominees Limited	8.0%
Fitel Nominees Limited	7.8%
Credit Suisse Client Nominees (UK) Limited	6.3%
Teawood Nominees Limited	6.2%
T Hoare Nominees Limited	4.1%
HSBC Global Custody Nominee (UK) Limited	3.8%
Rebecca Holland-Kennedy	3.1%
Norman Kennedy	3.1%
R C Greig Nominees Limited	3.0%

Most Recent Statement

19/08/08 - Signs MOU with CNOOC (Beijing) Energy Investment Co., Ltd
08/08/08 - Appointment of Ambrian Partners as Nominated Adviser and Broker
22/07/08 - Extension of Memorandum of Understanding with BP Australia Pty Ltd
30/06/08 - Intention to List on Australian Securities Exchange and Tranche 3 Tongjiang Placing
16/06/08 - Appointment of Jacobs Australia and Enthalpy
13/06/08 - Appointment of New Non-Executive Director