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Linc Energy Ltd.
Profile                                                                                                                                                        Corporate Information

Ticker LNC | Primary Stock Exchange Australian Securities Exchange                                                                                             Address:
                                                                                                                                                               Smellie & Co Building
Overview: This Australian company develops and commercializes coal-to-liquids processes through the                                                            32 Edward Street Brisbane, Queensland 4000
combined utilization of underground coal gasification and gas to liquids technologies.                                                                         Phone: 61 7 3229 0800
Incorporated: INCORPORATED in Australia Oct. 29, 1996, as Linc Energy N.L.; name changed to Linc Energy Ltd.
Nov. 17, 2000.                                                                                                                                                 Fax: 61 7 3229 6800
Background: Linc Energy Ltd engages in the exploration for coal resources; and development and                                                                 Web Site:
commercialization of coal-to-liquids (CTL) processes through the combined utilization of underground coal                                                      http://www.lincenergy.com
gasification (UCG) and gas-to-liquids (GTL) technologies in Australia, Uzbekistan, and the United States. The                                                  Auditors:
company's UCG technology converts coal into synthesis gas, containing carbon monoxide, hydrogen, and
methane through a series of reactions involving heat, oxygen, coal, and water. Its synthetic gas is used for                                                   PricewaterhouseCoopers
                                                                                                                                                               Brisbane
various purposes, including production of liquid fuels; power generation in gas turbine combined cycle power
stations; and producing chemicals and other gases, such as hydrogen, methane, ammonia, methanol, and                                                           I.R. Contact:
dimethyl ether. The company's GTL process converts a gas into a liquid. Linc Energy Ltd also produces a range of                                               Justyn Peters
intermediary and final products, including naphtha, LPG, petrol, kerosene, diesel, jet fuel, and base oils and                                                 Employees: 400
waxes, as well as zero sul(Continued on the next page of this report)                                                                                          Shareholders: 11,666
Stock Data (Capitalization as of: June 30, 2011)                                                                                                               Founded: 1996
                                                                                                                                                               Domicile: Australia
Stock: Ordinary no par | Authorized Shares N.R. | Outstanding Shares 506,809,790                                                                               Officers:
Long Term Debt Australian Dollar 1,866,000.ORDINARY OFFERED: March 10, 2006, the company, through BBY                                                          Ken Dark Chairman
                                                                                                                                                               Peter Bond Chief Executive Officer
Limited, offered 88,000,000 Ordinary shares at Australian Dollar 0.25 per share.                                                                               Anton Rohner Chief Financial Officer
Stockholders (as of September 01, 2011): 11,666                                                                                                                David Ian Smith Chief Operating Officer
Principal Stockholder:                                                                                                                                         Craig Ricato General Counsel
                                                                                                                                                               Brook Burke Secretary
Transfer Agent: Link Market Services, Brisbane, Queensland                                                                                                     Justyn Peters Investor Relations Contact
Additional Notes:                                                                                                                                              Directors:
                                                                                                                                                               Peter Bond
Dividends                                              Common Stock                                                                                            Ken Dark
                                                                                                                                                               Jon Mathews
                                                       Exchange                                           Year              High              Low              Craig Ricato
                                                       Australian Securities                              2011            0.0000            0.0000             Oliver Tennant Yates
                                                                                                                                                               Subsidiaries:
                                                       Exchange
                                                                                                        1                                                      *Linc Energy Ltd. has several subsidiaries with Linc
                                                                                                          2010            3.0000            0.9500             Energy in their titles.
                                                                                                          2009            2.5600            1.0000             Better Air LLC
                                                                                                          2008            5.3900            0.5550             JSPC Yerostigaz
                                                                                                          2007            1.0200            0.2400             Linc Carbon Solutions Pty Ltd
                                                                                                        2                                                      Linc Gulf Coast Petroleum, Inc.
                                                                                                          2006            0.2700            0.1550             SAPEX Limited
                                                       Footnote:                                                                                               Teresa Coal Pty Ltd
                                                        1 Prices reported in Australian Dollars.
                                                        2 Listed May 10.




This information should not be used for determining a company’s manual exemption status. Only the listing from Corporation Records should be used for that purpose. This report is for informational purposes and should not be
considered a solicitation to buy or sell any security nor is this report considered investment advice. Neither S&P nor any other party guarantees its accuracy or makes warranties regarding results from its usage. S&P receives
compensation from the issuer or an agent thereof for initiating coverage, and for distribution including licensed redistribution of this report, and/or for inclusion in
other S&P publications, generally in amounts up to U.S. $3,995. per year Redistribution is prohibited without written permission.
                                                                                                                                                                                                                          Page 1
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                                                                  | June 14, 2012
Linc Energy Ltd. | Ticker LNC | Primary Exchange Australian Securities Exchange

Profile

Background: (Continued from Page 1) phur, olefins, metals, alcohols, and aromatics. In addition, it explores for coal resources; and holds interests in oil and gas leases. The
company was founded in 1996 and is headquartered in Brisbane, Australia.




This listing from Standard & Poor's Market Access Program including Corporate Records should not be used for determining a company's manual exemption
status. Only the listing from Corporation Records should be used for that purpose. Redistribution is prohibited without written permission.
Copyright ©2012 The McGraw-Hill Companies, Inc.                                                                                                                       Page 2
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                                                                  | June 14, 2012
Linc Energy Ltd. | Ticker LNC | Primary Exchange Australian Securities Exchange

Annual Report

IncomeStatement as of Jun.                                               2011          2010                    BalanceSheet as of Jun. 30 (Thou. AUSTRALIAN     2011       2010
30 (Thou. AUSTRALIAN DOLLAR)                                                                                   DOLLAR)
Revenues                                                                3,199         2,025                    Assets:
Cost of sales                                                           2,619         1,864                    Cash & equiv.                                  310,343     7,365
Business development exps.                                              1,824         1,276                    Receivables, net                                 2,654     1,025
Administration and corporate exps.                                     55,726        22,476                    Inventories                                        936       478
Site operating costs                                                   23,883        26,307                    Assets classified as held for sale               9,032    13,167
Exploration and evaluation                                              2,455         2,377                    Other assets                                    15,814
Technology development                                                  8,153         7,425                    Tot. curr. assets                              338,779    22,035
Gain on sale of coal tenement                                         495,001                                  Receivables                                      5,856     2,466
Gain on purchase of oil and gas assets                                  6,027                                  Available for sale investments                  23,128
Other income                                                              971            286                   Oil and gas assets                              25,288
Finance income                                                         22,181            890                   Net property                                    12,775     9,399
Interest exp.                                                             413          5,404                   Intangibles                                    195,108   181,963
Income tax                                                            135,865       (47,670)                   Deferred tax assets                                 19    48,425
Net income                                                            296,441       (16,258)                   Total assets                                   600,953   264,288
Share earns. basic                                                       0.59         (0.03)                   Liabilities:
Share earns. diluted                                                     0.58         (0.03)                   Curr debt. mat.                                  2,786     2,363
                                                                                                               Trade and other payables                        14,927    21,023
                                                                                                               Provisions                                       2,894     1,668
                                                                                                               Current tax liability                           10,781
                                                                                                               Tot. curr. liabs.                               31,388    25,054
                                                                                                               Long-term debt                                   1,866     3,937
                                                                                                               Deferred tax liability                          48,331
                                                                                                               Provisions                                       5,647      1,972
                                                                                                               Non-controlling interest                            57         93
                                                                                                               Com. stk. no par                               309,493   287,388
                                                                                                               Capital reserves                                40,377     28,862
                                                                                                               Retained earns.                                163,794   (83,018)
                                                                                                               Total liabs.                                   600,953   264,288




This listing from Standard & Poor's Market Access Program including Corporate Records should not be used for determining a company's manual exemption
status. Only the listing from Corporation Records should be used for that purpose. Redistribution is prohibited without written permission.
Copyright ©2012 The McGraw-Hill Companies, Inc.                                                                                                                                    Page 3

				
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