On 24 October 2011 Exco lodged with the ASX the notice of meeting and explanatory memorandum relating to the annual general meeting of Exco shareholders to be held on 24 November 2011 to consider (inter alia) a proposed return of capital to Exco shareholders ("Capital Return").
The Notice of Meeting stated that Exco had applied to the Australian Taxation Office for a class ruling in relation to the tax treatment of the Capital Return for certain shareholders.
The ATO published the Class Ruling (2012/11) on 15 February 2012.
To view the full annoucement please click on the following link:
http://www.excoresources.com.au/investors-center/asx-announcements.aspx
Exco Resources Ltd. Level 2 | 8 Colin Street | West Perth WA 6005 | PO Box 1726 | West Perth WA 6872 Tel +61 8 9211 2000 | Fax +61 8 9211 2001 www.excoresources.com.au