2007-09-14 Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000 ANNUAL REPORT OPTION Please find herewith an example of the letter being mailed to holders of Gippsland Limited ordinary shares trading on London Stock Exchange AIM, requesting them to elect if they wish to receive an electronic copy or a printed version of the Company’s Annual Report. A copy of this letter to shareholders is available in the Investor Relations / Announcements section of the Company’s website www.gippslandltd.com Yours sincerely RJ (Jack) Telford Executive Chairman AIM 070914 Electronic Annual Report Option AIM.doc Page 1 of 1 IMPORTANT NOTICE LEGISLATION CHANGE (For Gippsland Limited ordinary shares trading on London Stock Exchange AIM) The default option for receiving your Gippsland Limited Annual Report has changed from a printed version to an electronic version accessible via the Company's website. You have the choice of continuing to receive a printed annual report. PLEASE MAKE YOUR SELECTION ON THE BACK OF THIS LETTER Dear Shareholder NOTIFICATION OF LEGISLATION CHANGE The Australian Government recently introduced legislation changing the default option for receiving annual reports to be via a company’s website. You will now receive timely, cost effective and greener online Gippsland Limited Annual Reports unless you request a printed version. WHAT ARE YOUR OPTIONS? Option 1: NO ACTION If you take no action, information on accessing your Gippsland Limited Annual Report online will be provided with your AGM notice and proxy forms by mail. Option 2: SIGN UP FOR ELECTRONIC COMMUNICATIONS Option 3: ELECT TO RECEIVE PRINTED VERSION OF ANNUAL REPORTS BY MAIL Holders of Gippsland shares trading on the London Stock Exchange AIM should refer to the reverse of this letter to make the Annual Report selection and return the completed document to Computershare Investor Services PLC or Gippsland Limited. To update online all the details on the back of this letter please visit Computershare’s website at: www.computershare.com/investor/uk/ecomms where details of the services available to shareholders can be found. If you have any questions regarding this letter, please contact our United Kingdom share registry, Computershare Investor Services PLC or Gippsland Limited. Yours sincerely GIPPSLAND LIMITED RJ (Jack) Telford Executive Chairman 14 September 2007 Deemed Consent Mailing Cover letter 070914.doc 1 <<Shareholder name>> Computershare Investor Services PLC PO Box 82 <<Address 1>> The Pavilions Bridgwater Road Bristol <<Address 2>> BS99 7NH Telephone 0870 707 1015 <<Address 3>> Facsimile 0870 703 6101 DX 78139 Bristol <<Holder No:>> Telephone users please call 0870 702 0005 www.computershare.com Please use BLOCK letters and a black pen GIPPSLAND LIMITED - ANNUAL REPORT ELECTION FORM Please note: You can update your details and choose your reporting options via our website at: www.computershare.com Option 1: NO ACTION ⌦ If you take no action, information on accessing your Gippsland Limited Annual Report online will be provided with your AGM notice and proxy forms by mail. Option 2: SIGN UP FOR ELECTRONIC COMMUNICATIONS Investor Centre is our free shareholder website where you can sign up for electronic communications and manage your shareholding on line. It’s simple to register and should only take a few minutes by visiting www.computershare.com/investor/uk/ecomms, entering the Company Code and SRN. As an Investor Centre member you will also be able to access a range of services to help you manage your shareholding, such as change of address. If you are new to Investor Centre, visit the Computershare website, click ‘Register Now’ and follow the simple instructions to become a member of Investor Centre. You will be asked for the reference numbers above. If you have already registered with Investor Centre visit the website, log in using your existing name and password and select the ‘Electronic Shareholder Communications’ link. Then follow the simple instructions online. OR Please enter your email address below if you would like to receive your Gippsland Limited Annual Report online, and return this form to Computershare Investor Services PLC or Gippsland Limited. Option 3: ELECT TO RECEIVE A PRINTED VERSION OF THE ANNUAL REPORT BY MAIL If you wish to receive a printed version of the Gippsland Limited Annual Report, please mark the adjacent box and return this form to: Computershare Investor Services PLC or Gippsland Limited. Computershare Investor Services PLC is registered in England & Wales, Company No. 3498808, Registered Office: The Pavilions, Bridgwater Road, Bristol BS13 8AE. Computershare Investor Services PLC is authorised and regulated by the Financial Services Authority, Registered Office: 25 The North Colonnade, Canary Wharf, London E14 5HS.