White Energy Company Limited (ASX:WEC; OTCQX: WECFY) (the Company) has issued: –

• 13,846,170 Ordinary Shares to shareholders on 11 August 2010 (Transfer of Ordinary Shares in South Australian Coal Limited pursuant to Takeover Offer contained in Bidders Statement dated 7 June 2010);
• 30,000,000 Ordinary Shares to shareholders on 10 August 2010 (Placement to Sophisticated Investors raising $75 million as outlined in the Bidders Statement dated 7 June 2010); and
• 3,600,000 Ordinary Shares to shareholders on 11 August 2010 (Exercise of $1.20 Options due to expire 30 August 2010).

Please find attached the following reports after completion of the abovementioned allotments:

• Range of Unit / Distribution Report
• Top 20 Shareholder List