Polo Resources (AIM: POL, BSX:POL) established Polo Resources LLC through its fully owned subsidiary Polo Resources in the Netherlands (PRN)

• Peabody indirectly acquired 50% interest in PRN
• The company renamed Peabody Polo Resources B.V. of the Netherlands (PPR)

• PPR’s 100% owned sub companies in Mongolia were holding an asset portfolio of:

  • 57 Coal licenses (3 mining licenses and 54 exploration licenses)
  • 25 Uranium exploration licenses

• Winsway acquired the Polo’s 50% in PPR
• The company renamed Peabody Winsway Resources B.V. in the Netherlands
• Mongolian company renamed Peabody Winsway Resources LLC

Asset Portfolio:

• 12 Coal licenses (excluding a license to be relinquished in December, 2013)
• 9 uranium licenses (excluding 7 licenses to be relinquished in December, 2013)