ASX Announcement Dated 26/09/06
IDENTITY OF UNDISCLOSED SUBSCRIBER
On 25 September 2006, Allied Gold Limited (ALD) announced that it had entered into a Memorandum of Understanding with an undisclosed Subscriber whereby, subject to certain conditions the Subscriber has agreed to subscribe for 30,213,471 fully paid ordinary shares, representing 10% of the fully diluted issued capital of Allied, at an issue price of not less than AUD$0.60 per share or at such higher price as agreed by the parties.
An article appeared in the West Australian Newspaper of 26 September 2006, which speculates that the identity of the undisclosed Subscriber is the Zijin Mining Group
ALD would like to confirm that the Subscriber is in fact Zijin Mining Group CO. Ltd.
For further information regarding this announcement, please contact Mark Caruso on +618 9353 3638.
Yours faithfully
Mark Caruso
Executive Chairman
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