NEWS

WIRES

OTHER

Record Date for "In-Specie" Distribution of TNT Mines Limited Shares to Minemakers' Shareholders

The Directors of Minemakers Limited ("Minemakers") (TSX: MAK)(ASX: MAK) advise the following timetable with respect to the in-specie distribution of 50 million TNT Mines Limited shares to Minemakers Limited Shareholders.

----------------------------------------------------------------------------
Minemakers Limited shareholder meeting held and in-specie        3 June 2011
 distribution approved
----------------------------------------------------------------------------
Shares purchased after the close of Trading on this day will     7 July 2011
 not participate in the distribution
----------------------------------------------------------------------------
Trading of Minemakers' shares is on an ex "return of             8 July 2011
 capital" basis
----------------------------------------------------------------------------
Record date to determine entitlement for in-specie              14 July 2011
 distribution
----------------------------------------------------------------------------
Anticipated despatch of holding statements to Shareholders      18 July 2011
----------------------------------------------------------------------------

Andrew Drummond, Managing Director

ABN 48 116 296 541