ABN 14 000 317 251

MARKET RELEASE 21 February 2017 MANAGEMENT UPDATE Resignation of Managing Director

CUDECO Ltd announces today that at the request of the Board, the effective date of resignation of Managing Director, Dr Dianmin Chen will be brought forward to today.

The Board's decision to accelerate the handover follows the Company receiving a directive from the Department of Natural Resources & Mines to suspend operations.

Mr Joseph Skrypnuik will continue to act as Acting General Manager of the Company's flagship Rocklands Project.

The Company expects to formalise and subsequently announce the appointment of a new CEO later in the day.

Ends

Head Office

Suite 11A, Level 11, 100 Edward Street, Brisbane, 4000 Australia Tel.+61 7 3210 5900

Email admin@cudeco.com.au www.cudeco.com.au

Cloncurry Operations

Corella Park Road, Cloncurry Queensland 4824 Australia

P.O. Box 530, Cloncurry, QLD 4824 Tel.+61 7 4742 4800 Email cloncurry@cudeco.com.au www.cudeco.com.au

CuDeco Limited published this content on 21 February 2017 and is solely responsible for the information contained herein.
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