Bounty Mining Limited ("Bounty") is a contract mining company specialising in the provision of thin-seam coal mining services to the Australian coal industry.

Bounty's business objectives are to:

• provide mining solutions to mine owners who want to unlock the value of their thin-seam reserves and remnant thick seam reserves
   
• introduce specialist underground mining equipment and mining techniques to improve mine productivity
   
• assist mine owners in maximising the recovery of remnant blocks of coal
   
• advance longwall development at a rate faster than long wall removal can using productive board and pillar mining.

The key to our growth lies in the contracts and our ability to deliver value for mine-owners.

In 2005, Bounty was merged with Ausmet (a listed WA mining company) and re-listed on the ASX as Bounty Industries Ltd. On 27 November 2008, Bounty changed its name to Bounty Mining Limited. The board and management feel that this name better reflects the activities and goals of the company.

The Bounty Group

Bounty has two fully owned subsidiaries:

• Bounty Operations Pty Limited (previously named InCoal Pty Limited)
  Bounty Operations is the vehicle used for mining assignments where the mining of thin-seam coal is a significant component of the agreement.
   
• Bounty Equipment Pty Limited (BEL)
  BEL owns the underground coal mining equipment required by Bounty Operations and is responsible for the purchase, refurbishment and where appropriate the sale or leasing to Bounty Operations and other industry participants.