Staff Reporters

Has completed a collaboration agreement with Sanitarium to develop a range of Functional Food products incorporating PCC ® . Revenue from product sales should commence during 2005

Has executed a Heads of Agreement with Portman Limited to enter into a joint venture to explore and develop iron ore at the Mt.Finnerty Project

Reported on the successful outcome of the Markman Hearing in its dispute with Applera Corporation.

Announce that it intends to seek shareholder approval to change its activities to an oil and gas exploration and production company.

Annual General Meeting will be held Tuesday March 29.

Has agreed to place 11 million ordinary shares at an issue price of $0.09 per share to a group of iron ore industry participants and  sophisticated investors to raise $990,00

Has raised $700,000 through a private placement of 5,600,000 ordinary fully paid shares at an issue price of 12.5 cents per share

Has completed a successful placement to a range of institutional investors, with 16.5 million shares to be issued raising $28.05 million at $1.70 ex-dividend, a 16% discount to the last traded price

Eurogold Limited is pleased to announce that it has placed 7,800,000 shares each at GBP£0.07 with funds managed by RAB Capital