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pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited in Administration (the Company”) A,s you are aware. I was appointed Joint Administrator of the Company on 14 November 2014 together with my colleagues, Robert Jonathan Hunt and Matthew Boyd Callaghan. The Administration of the Company comes to an automatic end on 13 November 2015. however, we require a 12 month extension to the Administration in order to finalise the following: Payment of the unsecured dividend to creditors by way of the Prescribed Part Completion of the Bradley appeal cx gratia claim Potential future options realisation Collection of final deferred consideration payment * To determine if further funds are due in relation to any remaining equipment held by fTKCSMR Limited. under the terms of the sale agrPement. sueb I am wntlng to request your approaI to the following resolution: TH.J the Adniinistiatin of the Company he extended for a further erod 4 11 months frnm )‘e anniversary date )f 14 Nt vember 2(11) In etordance ith Rule 2.112(2) af the Insolvency Thiles 1986, the .Jomt Adrninistritrs ire reqired t’ accompany a request fur in exten100rI of the penod of the \dministration with a progress report I 0 1 Ca p1 gtes jeport c eiing th ieiiod sinCe my last progress report t) 2j S ptml cr201

Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

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Page 1: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

pwc

10 ALL KNOWN CREDITORS

12 October 2015

Our ref: RC280915J rKCSMLExtrnsion,Creditors

Pear Sirs

UK Coal Surface Mine.s Limited — in Administration (the Company”)

A,s you are aware. I was appointed Joint Administrator of the Company on 14 November 2014 togetherwith my colleagues, Robert Jonathan Hunt and Matthew Boyd Callaghan.

The Administration of the Company comes to an automatic end on 13 November 2015. however, werequire a 12 month extension to the Administration in order to finalise the following:

• Payment of the unsecured dividend to creditors by way of the Prescribed Part• Completion of the Bradley appeal cx gratia claim• Potential future options realisation• Collection of final deferred consideration payment* To determine if further funds are due in relation to any remaining equipment held byfTKCSMR Limited. under the terms of the sale agrPement.

sueb I am wntlng to request your approaI to the following resolution:

TH.J the Adniinistiatin of the Company he extended for a further erod 4 11 months frnm)‘e anniversary date )f 14 Nt vember 2(11)

In etordance ith Rule 2.112(2) af the Insolvency Thiles 1986, the .Jomt Adrninistritrs ire reqiredt’ accompany a request fur in exten100rI of the penod of the \dministration with a progress report I0 1 Ca p1 gtes jeport c eiing th ieiiod sinCe my last progress report t) 2j S ptml cr201

Page 2: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

pwc

What will happen if you do not respond?

If no responses are received from creditors, it will be necessary to apply to Court for theAdministration to be extended. The costs associated with such an application will be a cost of theAdministration and will therefore ultimately reduce the finds available for distribution to theCompanys creditors.

Should you have any queries regarding the extension of the Administration please contact RebeccaCharlesworth on iui 289 g612.

Yours faithfullyFor and on behalf of the Company

72 j

Charlotte SmithFor David KellyJoint Administrator

Enclosures. Progress report for the period t May 2015 to aj September 2053 and\‘iiting Form

fined James Kltij, Robert Tonizthan hunt and Matthew ho’jd Callaahar have been appoceted isjomt ndmvustrators of the(onipani] 1? nianaqe Is affairs, busiress and vrapertq as its aqents 01 ire licensed n the United Krac1on t act ascdiiennij orn’t1uncrchy thp lnritntp f(’ha”trredAxnuntants in Isoqiond and Wales.

The ‘oint admrnisrators are Data (ontrnllers sfpersonnl anta as defined b the Data Protection Act ioq8PricewarorhouseCbopers fLP will act as Data Proussor ,n itiCir iostruttions Persorol dun is ll e ken! secure md :resssdiIJ or ustwms relating to the cm’r’t,trslon

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Voting f win

I ame of Company ] Company t’umher[uK Coil Surface Mines limited o84q5l2

[ihe Court case number[ugh Coart fJistce,Ctianccrv Dwr’aon, Leeds District Registty iiS6 J2o14

fti id James Kelly of Prlcei%aterhouseCoopers LLP, toi Barbirolli Square, Lower Mosley Stret,

Manchester, Mv uPW, Jonathan Robert Hunt of Pricel4aterhouseCoopCrs LLP, More London

Riverside, London, SEt aRT and Matthew Boyd ( allaghan of PricewaterhonceCeopers LLP, 1

Embankment Place, London ‘C2N 6R11 (the Joint Administrators”) hereby ceek the apprmal of thetollasing r solut:on;

____________

— I cisc de5Oe cis cppr pros’

t,.Administrators’ remuneration

__________ _____

——

LIIf the Adminb tration of the Company be extended for a furtherperiod of a months from the anniersary date uf 14 Now mber In favour! againstO15. J

tO BE COMPLETED WHEN RETURNING FORM:

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1!i , I

-i

UK Coal Surface Mines Limited(in Administration)

High Court of Justice, Chancery Division,Leeds District RegistryCase No. ii86 to 2014

Joint Administrators’ progress report forthe period from

14 May 2015 to 25 September 2015

9 October 2015

PricewLerhouseCooper LIPH

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Contents

Section Page%

Jciiit tdminitrators prres report 2 - 6

Statutory md other information

Roceipts md na merits account

4 Statement f expenses incurred

aaiysisof ur remuneration and (atrgorv 2 ichursement 10 14

Appendix A Statement of claim form

bbrcviations used in this report:

UKCSML’, “the Company” or UK Coal Surface Mines limited — in administrationthe Administration”

tiIC Administrators David lames Kelly. Pobert Jonathan Hunt mdMatthew Boyd Callaghan

St hBm L86” Schedule Br of the insolvency \et i861R56’ Insolvency Rules io86

UKm. SMR” LKCSMR Limited0 Kc (ml ueanti Open limited. Srroerly I K Ccil I fli

i)mitedthe Croup (‘K Coal Group termed in Juh 2013

I bIding; 1. K C. oal Mining I loldings I imitedI K C’ al Produtinn Lin;t dMmmc Cervices Lmitccl Ii ‘d’nir ti itoa rJriniper (No. j limited in liquidation[Ii Pension Proto lion Fund

HF’ ‘I irw irth Estate’ Pro3erty (1 eLm I ii iit I11)0 LLP

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i. Joint Administrators’ progress reportIntroductiOn

In wcor<lance sith Rule n 2 of the lR6, the AdminCtrators trite to proide reditors tith details of theorogrss of the _\drnitustration f the (omp:my in the period duee the dministrators previous report dated12 June uoi.

[his prngr rport has bccn prepared to accompany a requect to the Ucrnpanys ercditor to ctend them noc of the dministration for a period of 12 months.

We require ic month extension to facilitate:Payment of the un-eeured dividend to creditors by ay ct the Prescribed Part.Completion of the Bradley appeal cx gritia claim;Potential future ootions realicaticn;Collection ofnal deferrcd consideration payment andTo determine it further funds are due in relation to any remaining equipment heirl by [Kt’SMR, underthe tcrm of the aie agreement.

Phese matters are discued in further detail below.

the ‘\dministrators are r quired to provide certain statutory information within the report, pursuant to Rule247(i)(a) to Id) 1R86, which is included in Section u.

Sale of hnsiness and assets

As detailed in the dminictraturs previous report, the Company business and home of its assets ere soldto TKCSMR immediately upon appointment. Fhe sale expected to realise just over Pun for the Company tobe paid to us in four quarte’iv instalment’c.

[o icte, o uO of lLter’ed s zwid isti n ha5 lw n ecteisod silh t’eqoo0nisoug recn cc 10 the pertodosrcd by hc., 2port. 1N rec-opt is redcted in the receipts ant1 payniLots cnuiit at Lc1’n he ilpali eiofP’rto1 : draen iueccheeaco cn tnt’r ‘ni

Post sale matters

/uIe of chattel Lssets

t I r c.

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Joint Administrators’ progress report

Reahsation of other assets

Book debts

Following a review )f Company r cords, it was expected that £400,000 woLald be realised from preappointment book &bt oPt ctions (excluding the amounts under the Eon contract, the benefit f w hE h wasassigned to UKCSMR under the sale of businesc),

To date, £641,493 has been realised from this source and it is nut expected th it my further book debts willbe realised,

Refunds

Further refunds of £ ,40” have been recosered ‘once the \dministrators’ last report bringing total refunds(‘x biding the fuel bond recoveiy) to £ao,ga. ‘these receipts are reflected in the receipts and paymentsaccount at Section 3. ‘lo further funds are expected.

Future options

Options agreements for some of the future sites were moved to Holdings (parent company) under an

tgreement whereby 90% of the future value of these options will he paid into the estate of the Company. Thesalue of the Company’s interest in these sites is linked to the granting of planning permission and variousother factors,

fhe authorities have now granted planning permission for t vu of these sites. Discucsions heiw “en theAdministrators and Holdings are ongoing in rdation to bow best to realise the value in these sites for the1 snetit of credrtor.

Bradley appeal

let ulcd ‘ i the pi v nsr port the C r ipans ‘iv U! e I i nificant ts a lotion t lf p thug a Ieciu athe P1 inning inspe’ tor ii to ei t t a ‘l inninat0plication at t w Bra’llev “ote be Hish ( at too ad in t i

upany’s tavolir >sertumrng this leision ‘obowmg shkh th” Company made in cx gmtla laim to thePlanning Inspet torate for r”imbursemeut ( ‘ts ri sts

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Joint Administrators’ progress reportdministrators remuneration

Our remuneration has hen approved on a time costs basis by the general body of creditors at the initialcreditors meeting held on 9 January 2015. To date, we have not drawii any remuneration in accordance withthe reoH ions passed.

Ihe lime cost charges incurred in the period covered by this report are £6g457, representing 252 hours at anaverage hourly rate of £252, This amount does not necessarily reflect the amount that will be drawn asemuneration by us for this period in due course. In accordance with the requirements of Statement ofInsohency Practice o, a full analysis of our time costs and Category 2 disbursements for the period 14 Mayaoi to 25 September 2015 IS provided in Sections.

Creditors rights

If any creditor requires further explanations on any aspect of our progress report, then please telephone orwrite to Rebecca Charlesworth who will be pleased to deal with such enquiries. Please note that any requestfur further information regarding our remuneration or disbursements should he made in writing (Rule 2.48Aof the 1A86).

In addition, should any creditor consider our remuneration and disbursements to be excessive orinappropriate, they have the right to challenge the amounts in accordance with Rule 2.109 of the 1A86,,\n explanatory note on these rights and other matters relating to our remuneration and expenses can befound online at:

opv (free of harse) e In I e obtained 1w telephoning Rebecca C harlesworth 011 0113 289 4012.

Pre’ 4dministratiori costs

usfs which were incurred prior to our appointment. but with a view to the Company enteringdmini4ration, were ipprovt’d for payment by the general body f creditors at the nit’al meeting which 10 1k:dace on 3 Juiuarv 2015 ‘ut of £1 O,j53 wer appie”d of which £98,840 base icen 001,1, Tb i’npjirir.’ite. to 4w \IrInn fot‘ ‘

e fmirntrton tt$’s and ype wes,

a “ 1 1 C 11” 1 ‘ ‘t’

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Joint Administrators’_progress_report

_____

the HE busrwss equLM1Ient ‘-UhlC(’t to the hattel rn rrcage wm trongerred to tKCSMR on .tapoiatment far

the sum of £ with the onseut ut HE.

I he PPF h cs a dohenture ecuring lithilitics ol the Company under a guarantee to the PPF given m July2013. Ibri suarantees the dcht olnigations of Holdings to the PPF, neludin£3jm of loan notes.

hinre the le,t report, the PPP has node a Pill claim against the Company under the guarantee which hasr suited in a £om ecurrd lairn in the Administration.

l’u late, a ii$rbutton f £ .:;m his hten made to the PPF tinder it- ecitrity and it is nticipated that the

PPF iLl urfer in overall hirtfall under its cros ailarantee over th itts of the Company.

Prjerentiu1 creditors (ernployets)

All but one of the Companys employees transferred to Neweo under the terms of the sale The remaining

employee was made redundant prior to our appointment. The uwulting preferential claim of £2o;l1 was

ttled in full outside of i formal distribution process, for commercial reasons

A detailed in the last report, we were made aware of a number of employees of the Company who had either

kft or wore made redundant prior to our appointment, and were owed unpaid bonuses We determined that

for those employees who remained employed after :o June 2014, their claim tbr unpaid bonuses would betreatel as unpaid wage md therethre that element of the claim preferential.

lividend of loop Ifl the £ was paid to preferential creditors on 3 September 2015. Total fouls of00 e dNtr!butel a ro atin t ibis moPer

riseeured creditors

1’ PF . n t I Itt i emI t r eona, Cu r is f tho Pa ,orth ul P P iil trpv r I i

a. md there dl be sm I ct ía oim loT an a lao iliti it he tnt Ott d a dma c mI-c ti

I c u’ed I)•jit

Ii ‘bed Pm t a i nit be 1 be m I tsadmI I r re i ad t rs It s a I it € it

II itinht cm. I a tea 110 d itt r:emn tttmi’lc i u h

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Joint Administrator&pssreport__________

to pay a dividend under the Prescribed Part with the dividend estimated to be paid before the end ofFebruary 2016.

It would be useful if creditors who have not yet submitted a claim could do 30 now using the form enclosedwith this report at Appendix A. Please ensure you provide evidence to support your claim,

We still estimate that creditors will receive a dividend of around 2 in the £.

Extension to the Administration

The Administration comes to an automatic end Ofl 13 November 2015. However, as discussed above, theAdministrators are seeking a 12 month extension to the Administration from the creditors in order to finalisethe foUowing matters:

Payment of the unsecured dividend to creditoni by way of the Prescribed PartCompletion of the Bradley appeal cx gratia claimPotential future options realisation

• Collection of final deferred consideration paymenta To determine if further funds are due in relation to any remaining equipment held by IJKCSMR, underthe terms of the sale agreement.

Ending the administration

Once the objective of the Administration has been achieved, we will file notice with the Registrar ofCompanies and the Company will be dissolved three months later As reported previously, we no longerexpect the Company to be placed into liquidation.

Discharge from liability

A cesolution to approve cur ±scharge from liability following aeasmg to act was put to the cre±tcrs at themeeting e1d on 9 Ja’uiary 2013. The reditors voted against the r’sol’it,on at the meeting. We will thereforeseek approval to our discharge when we are closer to the resolution of the outatanJing matters.

Next report

lie sdncnistrato’s antcip ate Iba ev ‘dil cats e ti&r vt po t e rb+o t i f tb:ej-Jin cnn c n cc rcr-.

N‘w ‘e

I

II -

“er I A P01 a e8. oKI a r-’ — err tr’ —r P1 1- a -

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2. Statutory and other information

14 N’vember 2014

)sCd James ilv. Priec 4aLerbou. C opers LLP,ot Barhr;lli Spiare. Manci1estfr, M2 :JP\V; Pobertlames Hunt, Pric waterheu:eCoopers lip, 7 MoreLondon Riverside, London, SEi aRT; Matthew Boyd(‘allaghan, PricewaterhouscCoopers LLP, 1

Embanknient Place,_London, WCaN 6RHJThe directors of the Company, Harwoeth Park, BlvzhRoad. Ilarwoeth. Doncaster, South Yorkshire, DNuRI)B

__________________

Ohjeetve (ii) Aeh:evmg a better result br theCompany’s creditors as a whole than would be likelyif the Company were wound up (without first beingin administration)

_______________________

In relation to paragraph 100(2) Sch,Bi 1A86, duringthe priul rr which the Administration is n

fi’., (em tb,ll 10 ‘;e ret1 by 0i p1-f.eflSwpimteJ t’. iet as administrators may he done by(fly or Ill of rt’e persons appointed or ay of the‘.erson thr tte Pm hcimJ h Iding tha ffi”

tIn h txed

Pr1po%ed end of the d Ifliflis tration:E,,imated di Mend for unsecured“red

stirnated ‘, dues f the pescr’bed .,jrt r’’ ‘ a ‘. ‘ Ind th-’ ‘‘. pao’ ‘ F ‘“o rs rt ‘1

11’.l tiO S ‘K

5 1 “ ‘ ‘. ‘K K’

‘‘‘I” ‘.1 1

t’ourt. details for the Administration: iI’gh Curt t .Latiee, Chanceri Division. l.eed,District Rcisti, ii’6 of 2011

_______

Fil TTlSurfieeM’nesIimitedfnatne jKCoale”istered number: ‘i 1(12512

________

rçd1ddre%%°nHo ntjrStreUL’.is11 JPnmpan4 directors: I las Id Boltun. .5101 hL :1 Hub jiuson. S:n irt Hoult,

_________

Derek Pat kinPPS °eeretaries LimitedNone

PotnnvI.ecretarv: - -—---— —

Shareholdings held by the directors ander ——________

_Date of the1\dniinistration appointment:Administrators’ names and addresses:

j Appointor’s/applieant’s name and —

address:

Objective being pursued by theAdministrators:

Division of the Administrators’responsibilities:

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3 Receipts and payments account

d Ioistrator& ‘eceipts nd pv oionts 3&ount

1 ‘(rectors.4atcmrnts, of1(rfairs

‘VD: 3)31 4 (.sL ‘1A110’.S1 1) ,st 3., ‘3HttI flJ.’t’45

34e1 1rcd chacge reaisation

1’ u,.,’T 740 (‘IL&R3iE R34.\L1,5\’f’j1Baik irteret irsss)3 sk .ehtsEtrate ipcI coOs ‘x t’itia c1amC’s,h tlnkf,’ei0.1 rc-’ryl,,tor lobs es

ofueds

.0 1 ‘g hor r‘‘I’ll n

.f1’ f#o’oi a? o’t ‘‘s ‘

• o 04’ 3 133

127 1 fl 00

419 ‘0139 31

i.2” 53266

14Nos400ber2014 34 3tav 2035t) t Total to

13 )431y 2013 23 SepLefliher 2015 23 Septemb 2015£

ITO?- oIXaO0E’.’,k ‘ R-.sL IT(135

32’ 330 30

4 40.337 “39.31

>,6523)

3 oO

44 ‘,30•)

1’3.uO, (.5,1011i. 0) 15 00?

(- son ro? z ,Oo Oo,

——. 2”52’461

31.309245 ,ol3.2 1153,3.67“‘.-9 p1 041 443. 313

3 190.6!’) 51

2062474.42 209 974422. 300 00 2, 300.00t’0124.bb 3,40704 O 531.0)

300,092.00 30.000 ‘3 “702102.10.1344)2302 Z5.42° 70 .s0’23 54.s13

3,ok.,,es,24000) 3)31300?I np n r. 133’, 4 30 ‘o,es1” f 4052 3’ 30 000 I 210,000.003052? t”13 2i1iOX45fl’3O1 ‘.‘12,3970’7? 3:1304.123“‘1? rv 33,135’,’ 7

1 .00,59’ 00’

‘ IT

20’, 3 Is? ,35 ‘21r’ ‘3’ 0’) ‘ 1.3013 . ‘t

Page 13: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

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Page 14: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

5. \nalysis of our remuneration and Category 2 disbursements

Hourly rates

Set out below are the releant m iximum charge—out rates per hour worked for the grades :f thedinntrdtur tirf a tuallv r I ke!y to he mu hed n this a--.rarirnent. Fime is charaed by n’fcrca’e toctu I ‘york carried out en the ‘-signment, there has bc°n no - l1oeatioi of ray ener if CostS or overheadost .

[Grade -

________

Rate per hour_(C)]

__

9O

Senior Manager4)5

Manager

______

540 1S nior dS’jt iate uaiitied cnsuitant

(Seufraraceng

____ __-__ ____

-Go(9ate

Support taff I Ipecialist departments within our rirm such as Fax, \ r, Property and Pensions ma5 narge a number of

r(urS if aud when we rep11re their expert advce. Stub peeialits’ rates do vary but the tigrirs below prnviethe maximum rate per hour,

Grade

L lr-tntrI 500

Inor “1 iag r

Srnkr ,0Ci te t difird :1u’atc rrj’iAiriu I -

1aximuin rate per hour ()

Lado

an

j

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. Analysis of our remuneration and Category disbursements

NarraLie of work carried out during the period 13 May 2015 to 25 September 2015

Ihe key areas ofwork have been:

trateqy und planningHolding regular taam mertmgs ineludmg -enlor :nanacement andl1ipointees to C( nsider case stritegy ‘idhoe -nes irid impending leadlines.

— Rotul.irlv revie lng Orne o—ts and reoncling ‘ack Ii, initial lilgetssenior i anaement and atipoinlee er irw 1 the ca-t’ to ensure etticient cafle proirlec-aon and compliancei ith segulatory ‘liecucine roquireme nts,

secured creditorsPn-cu,s.ions between ippomtes m1 he PPF n rUgards to —eturitv ever the Conipaus. p:srtv.

uson with our legal idvi rs in rel.tion to the PPF securit poSitiufl.rrangiag payment of the initial (lictrihUtien to the PPF under their seority.

AssetsContinuing diseusiuns br strategy for dealing with future optioni agreementContinuing to liaise with the Planning Inspectorate, abarros and sarious other companies in relation totheir evidence regarding the recovery of plannmg application costs in light of the Bradley appeal.I ia .ing with \ewcn i ml anmierson t\ cii rhenauic n relation to the ile oft he m n -Hl I%srts, over which wehiwe a chattel mortgage. md facilitating the anangement of a ,enies of online auctions to expedite the -aleof these assets.I iaismg with IWO in relation to retention of title claimc,Liai,rng with Willy.. in relatIon to the archive Aore and inserance coer obligat:ons

ut lease in relatjr.n to the arrhc —tore u:d liaising with oliciturs.I iaism s ith t Kc SMI ii l therm t the next Ictern I OP ii ration p myrru ut

CreditorsF Fnv r. nm - s n up.Pne r lir in [‘ t tii mes rid

Pr v,diag h nd otii c 0f th pr’g e s poit to rerIltur I llowiug icqi ‘sti.u lPg c. En tflL tw ii . ‘ar’iing Pier t” ;azthnLnr ts iifll.

I .c Uy.4 tli —.Iicnr , , I i<C’4R 19 rd ii ‘m rc ‘ii il oht ‘ IceL tOUH f i I qrr r’t t rnti 1 ‘ Idi i I n dii r€ rent of h iii

v I I “ I

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5. na1ysis of our remuneration and Category 2 disbursements

I pdating internal sv%tems with curit rmatiGn of tiling f the progress report.— Updating be r’diturs t’hsite with latest erditor cornmuncations.

()ngiing rnaiiaecmcnt of the case utilising internal prompt ‘diary system and case miletoncsDisco sions regardin, the books md reerds held m the irchive stoic arid the tatiltory rquirements.\ppointee renews f trateirv md u-jmrt!flg rIllIreiflents.

[054 n,-siens reardin cc rccvery tor the \dmini,trators.Review of the rule hangi’s in rd ition to extension of the dministration and paving an unsecureddtnhiition and dctcrmjnm the virategv for the Comp.inv to cnabl the best oukome for creditors.Drfnn the extension prosres report to creditors.

- M inagerial ceviews uf the extension progress report.

Tax&- LtIr:mtinuati;u fjj O4fl5 between tax advisers md ‘ase ream ii tablish tax background of theQompaa and compile information required for pre and post appointment returns including siriousphv deal meetings.Liaising with L”KCSMR to obtain Company records required to prepare pre appointment tax return.Reviewmg the agreed budgets for tax and VAT work,liriftin’, reviewing and submitting quarterly post appolntment VAT ruturns, and arrangin2 payment of any

liability.- I )rat’ting, reviewing and submitting voluntary disclosure to HMRC in relation to the VAr position.

Employees & pensions— liaising with Newro tn obtain inr’brmation relating to the productivity bonus scheme operated by the(* mpany prior to appointment md agreeing stratei’ br status for these laims,

Corresponding with ex-ernploees owed unpaid bonuses to provide nstructiuns on how to make theirpreferential md unsecured claims..Ianager rcvlew c,’respundrie to ,‘rnploures

I musing mth or nit mal mpioyee ,ernces group to btamo melss unt pref4 rented mli’s d ni mntormats sn“Oorbifltt uta’s

4’ruD rleO ad ibr’t a r.ai’’. 1 at1.-r ntr4r m nu 5d5 ‘u mr Sri u I tron km lr5eT Ot al sod ixei net I aims

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: ;- A0 A A

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Page 18: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

. Analysis of our remuneration and Category 2 disbursements

Category 2 dtshursements for the period 14 May 2015 to 25 September 2015

1 here is 90 tltuton’ requiwment for admini’trators to seek ipproval to draw expenses or lishurs1mnts.ilu”’r. prf i,jna midance isucd to io ‘oh ency practitioners require that, where ‘v’ aroocce t, rc’verst shieh, hiit being in the nature of espenses or disbumement’, may include an element of hared or

1liO god Costs iuch as 0 0111 h;re, documuit storage or communication facilities orisided 1w cur ownwe must to ‘L’clu ai Clii be rothorised bs thoSe reponsible far approvine their remuneratinn rbhe’q cocos ie known as ‘Category 2’ disbureemonts and they must be dirCetly incurred on the ease mdloct tic 2 o’asonahie method ;f cileu!atin and allccatien.

Our expeosos policy allows for ill properly incurred expenses to be recharged to the ease Categow 2clhhirsements ire likely to n1y omprise printing for cireulars to creditir and cx’ cotionil amuonts ofcpying

)rr’pJ lishurserrent in the penod under review cumprice:

h irged at pence per hcet copted, only charged foç eirculars to creditors and otherPhOtocopV!ng Ihulk copying.

_________

— ‘ mrgLd ita miorrum fic mi per n’ilc I up to 241001c)r ‘)3 pcnee ,)er nh1eJMileaget

h we incurred the foHowing Category i and a disbursements (oxc!uding VAT) during the period 14 May21)15 to 2j Seictunber o1g:

Lu

i gee 0’ ‘h ur,9iutc 0’ rnpmJv ilifleS peong, e ‘t ige hid phac ten,cu L

‘mc ham i cusiness ‘‘1 m”rscri ii I ci rwhps ‘ith rOe p cnscklm hi ice r c who‘i cot f h to’nt h’n r’iV’ e-.h:p ‘ii I Ow: 0 C Olet et

Summary 1 legal and other professional tirnis instructed in tht peruid 4 uJy 2015 to 23ieptember 1015

Page 19: Our ref: RC280915J rKCSMLExtrnsion,Creditors …...pwc 10 ALL KNOWN CREDITORS 12 October 2015 Our ref: RC280915J rKCSMLExtrnsion,Creditors Pear Sirs UK Coal Surface Mine.s Limited

1.PPEDlX .

I ‘K Coal Surface Mines Limited in Administration — statement of claim

( editoroanw and adlr,v

Etiteredriinher tif en. dior si company.)

(laini anaaint

lotal amount f ‘our claim (iaciuiinaVAT) it the date the idministration

mmrriced’for, if the rnpomj u’os incincn ji er’teredmnutrotzun, 1 aoe the vrwr‘R1°’Cui1!r1’tflCOj.

Any payment received by the reditor inrelation to the claim ifter theappointment of the administrators icr, fapplkuble, pncr bquzdutors]Ttal same (imliding VKfl of my £monies osed by the creditor to thecompany.

• Total value (including VXfl of anyretnton of title in respert of any nolsto ‘hich the debt relates

Please provide etuls of my documentc thatct ajntate eur loim ucl:Jing vhereptiah1e P.t is my eervitiun t rit!e.

if s ilal, ,!sme ittah m tatc’nieot t ac-net.

it ci 01 niw S (‘1 pr idc

uiisc cciii ry mdi bt,pI iemn.wdeiil t the t e and same it the ecurity. the

1 it a. ?r m ii’I ii v P t silo t h s 01

I v Jim I ii I

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Rule 247rOrta 224B

The Insolvency Act ig86

Administrator’s progress report224Bieof Company Company Jumber

UK Coal Surface Mines Limited 08492512

hi the Court case number

High Court of Justice, Chanceiy Division, Leeds District iiBó of 2014Registiy

(i) !t full nim) nd We David James Kelly of PricewaterhouseCoopers LLP, ioi. Barbiroth Square, Lower MosleyStreet, Manchester, M2 3PW, Jonathan Robert Hunt of Pricewaterhousecoopers LLP, MoreLondon Riverside, London, SEi 2RT and Matthew Boyd Callaghan of PricewaterhouseCoopersLLP, 1 Embankment Place, London WCaN 6RH

administrators of the above company attach a progress report for the period

from to

(b) 14 May 2015 (N 25 September 2015‘) izet dates

3gned

__________ _____

point ad1istrTtur—————-———

iL