NGPI Takeover – Target’s Statement

NGPI Takeover Offer for Kingsgate
– Target’s Statement

Your Directors unanimously recommend that you


the inadequate and unsolicited takeover offer by Northern Gulf Petroleum International Pte. Ltd. to acquire 50.1% of your Kingsgate Shares for 4.2 cents cash per Share.

You should read the entire document. If you are in doubt as to what you should do, you should obtain independent advice from your investment, financial, tax or other professional adviser.
If you have any questions about the Offer, please contact the Kingsgate Shareholder Information Line on 1 800 882 102 (toll free) (within Australia) or +61 1 800 882 102 (outside Australia).

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