10 April 2012 Company Announcements Australian Securities Exchange Level 4 20 Bridge Street SYDNEY NSW 2000 Company Secretary Arc Exploration Limited (formerly Austindo Resources Corporation NL) Fax: (02) 9419 8099 Notice of change in interests of substantial holder - Arc Exploration Limited ANZ gives this notice of change in interests of substantial holder in respect of Arc Exploration Limited. Yours faithfully John Priestley Company Secretary For personal use only Company Secretary’s Office ANZ Centre Melbourne, Level 9, 833 Collins Street, Docklands VIC 3008 Phone: +61 3 9273 5555 | Fax: +61 3 8542 5252 www.anz.com Australia and New Zealand Banking Group Limited ABN 11 005 357 522 Form 604 Corporations Act 2001 Section 671B Notice of change in interests of substantial holder Arc Exploration Limited (formerly Austindo Resources Corporation NL) (the "Entity") To Company Name ACN/ABN 002 678 640 1. Details of substantial holder Name Australia and New Zealand Banking Group Limited (“ANZ”) ACN/ABN (if applicable) 11 005 357 522 There was a change in the interests of the substantial holder on 03 April 2012. (The holder became aware of the substantial holding information on 10 April 2012 for the purposes of s.671B of the Corporations Act 2001.) The previous notice was given to the company on 09 February 2011. The previous notice was dated 09 February 2011. This notice is given by ANZ on behalf of itself and each of the related bodies corporate of ANZ (“ANZ Subsidiaries”) specified in the list of 8 pages annexed to this notice and marked Annexure ‘A’. 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities Previous notice Present notice Person's votes Voting power % Person's votes Voting power % Ordinary Fully Paid Shares 47,577,171 6.33% 47,577,171 5.25%(1) Note (1): The change of more than 1% voting power since the previous notice is a result of the increase in issued capital of the Entity on 3 April 2012. 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: (6) Date of change Person whose Nature of change Consideration given in Class and number of Person's votes (7) relevant interest relation to change securities affected affected For personal use only changed 03/04/2012 ANZ and each Increase in issued capital Not Applicable Not Applicable Not Applicable of the ANZ by the Entity subsidiaries 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of Registered holder of Person entitled to be Nature of Class and Person's votes relevant securities registered as holder (8) relevant number of interest interest (6) securities 16,899,885 16,899,885 16,899,885 shares - issued Ordinary Fully to ANZ Paid Shares pursuant to a debt to equity conversion deed between ANZ, Austindo Resources Corporation and PT Cibaliung Sumberdaya. A copy of the conversion deed was set ANZ and each ANZ ANZ out in the of the ANZ annexure of 19 Subsidiaries pages annexed to the notice of initial substantial holder lodged by ANZ on 6 March 2008. 30,677,286 shares - issued 30,677,286 30,677,286 to ANZ Ordinary Fully pursuant to Paid Shares ANZ's shortfall obligations as underwriter in accordance with the Underwriting Agreement. Note: The figures stated in section 4 above have been adjusted for the 50:1 share consolidation undertaken by the Entity in May 2008. 5. Changes in association The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows: For personal use only Name and ACN/ARSN (if applicable) Nature of association Not Applicable Not Applicable 6. Addresses The addresses of persons named in this form are as follows: Name Address ANZ ANZ Centre Melbourne, Level 9, 833 Collins Street, Docklands VIC 3008 ANZ Subsidiaries As set out in the list of 8 pages annexed to this notice and marked "A" Signature print name capacity John Priestley Company Secretary sign here date 10 April 2012 DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form. (2) See the definition of "associate" in section 12 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6) Include details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of For personal use only a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. (8) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown". (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. Annexure “A” This is the Annexure of 8 pages marked “A” referred to in the form 604 Notice of change in interest of substantial holder Signed by me and dated 10 April 2012 …………………………………………………. John Priestley – Company Secretary Australia and New Zealand Banking Group Limited AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED (“ANZBGL”) NOTES: All companies are 100% owned within the Group unless otherwise indicated. Dates are in Australian format Domicile Australia and New Zealand Banking Group Limited (“ANZBGL”) % Reg Date Group Office Registered Interest Australia Alliance Holdings Pty Ltd (in liquidation) 1 09/08/56 Australia ANZcover Insurance Pty Ltd 1 24/04/98 Australia ANZEST Pty Ltd 1 17/10/97 Australia A N Z Adelaide Group Pty Ltd 1 21/12/28 Australia ANZ Alternative Assets Holding Company Pty Ltd (1 share held by ANZ 1 15/06/06 National Bank Limited) Laos ANZ Bank (Lao) Limited 15 10/07/07 Vietnam ANZ Bank (Vietnam) Limited 12 09/10/2008 Australia ANZ Capel Court Limited 1 22/04/69 Australia ANZ Capital Hedging Pty Ltd 1 27/09/85 USA, ANZ Capital LLC II (2% of the Preference Shares on issue are held by ANZ 29 18/11/03 Delaware Funds Pty Ltd) USA, ANZ Capital LLC III (owned 98 % by ANZBGL & 2% by ANZ Funds Pty 29 19/11/04 Delaware Ltd) Australia ANZ Clowder Leasing Pty Ltd 1 26/03/12 Australia ANZ Commodity Trading Pty Ltd 1 03/05/01 Australia ANZ Fiduciary Services Pty Ltd 1 28/05/02 American ANZ Finance American Samoa Inc 47 01/07/04 Samoa Australia ANZ Financial Products Pty Ltd (in liquidation) 1 05/07/94 Australia ANZ Funds Pty Ltd 1 13/03/64 England ANZ Bank (Europe) Limited 13 22/04/87 Kiribati ANZ Bank (Kiribati) Ltd (25% owned by Republic of Kiribati) 75 22 13/08/84 Samoa ANZ Bank (Samoa) Limited 6 01/10/90 India ANZ Capital Pvt. Limited (0.01% held non-beneficially by Jikk Pty Ltd*) 26 07/11/01 Australia ANZ Global Services and Operations Pty Limited 1 04/03/2010 China ANZ Global Services and Operations (Chengdu) Company Limited 46 17/11/2010 Philippines ANZ Global Services and Operations (Manila) Inc (directors own 42 17/03/2010 For personal use only shares in trust for ANZ Global Services and Operations Pty Ltd*) New Zealand ANZ Holdings (New Zealand) Limited (ANZBGL holds 100% of A Class 33 30/03/1988 RPS) New Zealand ANZ National Bank Limited 33 23/10/1979 New Zealand ANZ Capital NZ Limited 33 08/12/2000