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Acquisitions

Bunnings Warehouse Property Trust

13/5/2003

Has acquired a $3.0 million development site at Hemmant in the Brisbane Port industrial precinct to be developed at a cost to the Trust of $10.25 million

Bunnings Warehouse Property Trust

19/5/2003

Has acquired a $10.0 million development site at Vermont South, in Victoria which is suitable for the development of a Bunnings Warehouse

Central Kalgoorlie Gold Mines Limited

19/5/2003

Has agreed to exercise its option to acquire a 100% interest in the Sherlock Bay Nickel Copper Project. The directors have executed a conditional acquisition agreement with final approval to be referred to shareholders.

Finbar

14/5/2003

A joint venture company 50% owned by Finbar has entered into a conditional contract to acquire the 6,480 square metres of land with frontages to Terrace Road and Adelaide Terrace in Perth  for $9.5 million.  Finbar will hold its 50% interest in the development through a joint venture company named 132 Terrace Road Joint Venture Pty Ltd.

Technology Incubation Group Limited

13/5/2003

Tiger International Hatchery Pty Ltd has now been granted an Aquaculture Licence by the Department of Fisheries of Western Australia for the culture of prawns at a site at the Broome Tropical Aquaculture Park. TIL will now increase its shareholding in Tiger from 25 percent to 49 percent by committing $250,000 to the forthcoming semi-commercial trial to be conducted by Tiger.

Western Areas NL

19/5/2003

Has executed an agreement which will enable it to acquire Outokumpu Mining Australia's remaining 25% interest in the Forrestania nickel project. Western Areas will make an initial, non refundable deposit of $100,000 within 30 days of the agreement and then a final payment of $900,000 to Outokumpu by 31 October 2003.

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