Tellus Investor Update

  • On : January 31, 2011

Media Release

APPROVED FOR RELEASE

Key points:

  • Investor update circulated to shareholders

Following on from the restructuring of the company’s strategy, project pipeline and team the Board has approved dropping some assets and has expanded the portfolio. The company has also appointed Driftwood Capital to assist in a capital raising to develop the project portfolio. The Board has sent out an update via e-mail to all investors. If you are a shareholder and have not received this e-mail update please contact the company directly and we will confirm your contact details. The Company will be sending out regular shareholder updates in this format and would like toinclude all shareholders in this correspondence.

About Tellus Holdings

Tellus Holdings Pty Ltd (“Tellus”) is an Australian-owned mining company adding value to underground rock salt. Tellus is the parent of a group of companies involved in the mining, processing and sale of industrial and edible salts, fertilisers and minerals. Potential complementary businesses include storage in voids created by mining and warehouse storage.

For further information contact:

Visit: www.tellusholdings.com.au or contact Duncan van der Merwe, Managing Director Tel: +61 2 9238 7631.