Ann: Sale of Ineligible Shareholders' Scheme Consideration, page-3

As is assumed....done!!!

MERGER UPDATE – COMPLETION OF THE SALE OF INELIGIBLESHAREHOLDERS’ SCHEME CONSIDERATIONAlliance Mineral Assets Limited (Alliance or the Company) (ASX: A40; SGX: 40F)refers to the announcement dated 18 January 2019 in relation to the sale by theSale Agent of the Company’s shares which would otherwise have been issued toIneligible Shareholders under the Scheme (Ineligible Shareholders’ SchemeConsideration).The Company has been advised by the Sale Agent that it has now completed thesale of the Ineligible Shareholders’ Scheme Consideration (Sale). ....... Mark CalderwoodManaging Director