Agreement with Cockatoo Coal Limited
n EXHIBIT 99.1
Agreement with Cockatoo Coal Limited
POSCO Australia Pty Limited (POSCO Australia, ‘POSA’) and Cockatoo Coal Limited
(‘Cockatoo’) have reached an agreement under which POSA will hold a 19.99% interest in the Cockatoo
for 25 million Australian dollar.
It is expected to enable POSA, as a major shareholder of Cockatoo, to secure stable source of
raw materials in Australia.
