Uranium King Limited, in the matter of Uranium King Limited (ABN 34 119 187 816) [2008] FCA 704

FEDERAL COURT OF AUSTRALIA

Uranium King Limited, in the matter of Uranium King Limited (ABN 34 119 187 816) [2008] FCA 704

IN THE MATTER OF URANIUM KING LIMITED (ABN 34 119 187 816) URANIUM KING LIMITED

WAD 75 of 2008

SIOPIS J

8 MAY 2008

PERTH

IN THE FEDERAL COURT OF AUSTRALIA

WESTERN AUSTRALIA DISTRICT REGISTRY WAD 75 of 2008

IN THE MATTER OF URANIUM KING LIMITED (ABN 34 119 187 816) URANIUM KING LIMITED (ABN 34 119 187 816)

Plaintiff

JUDGE: SIOPIS J

DATE OF ORDER: 8 MAY 2008

WHERE MADE: PERTH

THE COURT ORDERS THAT:

1. Pursuant to s 411(1) of the Corporations Act 2001 (Cth): a. the Plaintiff convene a meeting (Scheme Meeting) of its Shareholders for the purpose of considering and, if thought fit, approving (with or without modification), a scheme of arrangement (Scheme) being the scheme substantially in the form of the draft scheme contained in Appendix D of the draft scheme booklet (Scheme Booklet) that is Annexure "JM‑7" to the affidavit of James Lewis Michael Malone sworn on 21 April 2008 (Malone First Affidavit); b. the Scheme Meeting be held on 12 June 2008 at 103 Abernethy Road, Belmont in the State of Western Australia at 10.00am; c. Mr Kevin Dundo or, failing him, Mr James Lewis Michael Malone, be chairperson of the Scheme Meeting; d. the chairperson appointed to the Scheme Meeting has the power to adjourn the meeting in his absolute discretion; e. the Revised Scheme Booklet that is Annexure "JM15" of the second supplementary affidavit of James Lewis Michael Malone sworn on 8 May 2008 (Revised Scheme Booklet) be approved; f. the Plaintiff shall convene the Scheme Meeting by sending: i. the Revised Scheme Booklet; ii. notice of the Scheme Meeting substantially in the form of Appendix E to Annexure "JM7" of the Malone First Affidavit; and iii. the proxy form substantially in the form of Annexure "JM10" to the Malone First Affidavit; and iv. a reply paid pre‑addressed envelope, on or before 12 May 2008 to all Shareholders who are recorded in the Plaintiff's register of members (and to each shareholder at the address recorded in respect of that shareholder in the register of members) as at 10.00 pm on 8 May 2008 by: v. in the case of each shareholder who has a registered address in Australia, prepaid post addressed to the relevant address set out in the Plaintiff's register of members; or vi. in the case of each shareholder who has a registered address outside Australia, prepaid airmail or air courier addressed to the relevant address as recorded in the Plaintiff's register of members; g. the Plaintiff cause to be published a Notice of Scheme Meeting in The West Australian and The Australian newspapers by advertisement in the form of Attachment "JM‑9" to the Malone First Affidavit no later than 29 May 2008; h. Rule 2.15 of the Federal Court (Corporations) Rules 2000 (Rules) shall not apply to the Scheme Meeting except insofar as that rule applies reg 5.6.13 of the Corporations Regulations 2001 to the Scheme Meeting; i. all voting at the Scheme Meeting shall be conducted by poll as declared by the chairperson to that meeting; j. a Shareholder's entitlement to vote at the Scheme Meeting shall be the entitlement of that person as recorded in the Plaintiff's share register at 10.00pm on 10 June 2008; k. the chairperson of the Scheme Meeting shall report the results of that meeting to this Honourable Court; and l. subject to these orders, the Scheme Meeting otherwise be conducted as far as practicable in accordance with the Plaintiff's constitution. 2. The application be otherwise adjourned to 2.15 pm on 16 June 2008 for hearing of the application to approve the Scheme. 3. There be liberty to apply upon giving 2 days notice to the Australian Securities and Investments Commission and, where relevant, the Plaintiff. Note: Settlement and entry of orders is dealt with in Order 36 of the Federal Court Rules. IN THE FEDERAL COURT OF AUSTRALIA