Evolution Mining December 2016 Quarterly Report Results

As at 31 December 2016, gross debt outstanding under the Senior Secured Syndicated Revolving and Term Facility was A$600.0 million. Net debt was reduced to A$588.5 million after peaking at $647.3 million during the quarter. The strong cash flow enabled the Company to meet all of its mandatory debt repayments through to October 2017.