Ann: Share Placement, page-32

16 days and counting.....

Padbury Mining Limited (ASX: PDY) is pleased to announce that it has executed a Share Subscription Agreement with Du Yong Yi to subscribe for 200 million ordinary shares in PDY at $0.01 per share for a total amount of $2 million. Mr Du is a private Chinese investor who is the Managing Director and major shareholder of Sunten LKE Power LLC. He also has property interests in in China and Dubai