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Monday, 03/02/2015 2:49:57 PM

Monday, March 02, 2015 2:49:57 PM

Post# of 30
Appointment of Voluntary Administrators
Ceramic Fuel Cells Limited (Administrators Appointed) ACN 055 763 671 (‘the Company’)(‘CFCL’)
Adam Nikitins and Justin Walsh, partners at Ernst & Young Australia, were appointed Joint and Several Administrators of CFCL on 1 March 2015, pursuant to Section 436A of the Corporations Act 2001.
The appointment followed a board resolution that the company was either insolvent, or was likely to become insolvent, and accordingly that it was necessary to appoint voluntary administrators.
The voluntary administrators are conducting an urgent review of the options available to them.
The appointment of voluntary administrators relates only to CFCL. Correspondence to creditors of CFCL will follow shortly detailing the location and time of the first creditors’ meeting.
CFCL has updated ASX and AIM with its revised status on 2 March 2015 and share trading has been suspended.
For queries contact Ms Jade Cordery on 03 9288 8891.

from their website

MK

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