Nominated Adviser to Change Name

Steppe Cement Ltd

11 April 2012

Nominated Adviser to Change Name

The company's nominated adviser has changed from RFC Corporate Finance Limited ("RFC") to RFC Group Limited ("RFC Group") following a group reorganisation.  The group reorganisation has been implemented following completion of the acquisition of Ambrian Partners Limited by RFC's parent company, RFC Group. 

It should be noted that RFC Group will operate its nominated adviser activities in Australia through RFC.

From May 2012, RFC Group will be renamed RFC Ambrian Group Limited and RFC will be renamed RFC Ambrian Limited.

The Company's Nominated Adviser is RFC Corporate Finance Ltd.

Contact: Stephen Allen or Trinity McIntyre, +61 8 9480 2500