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Agreements

Consolidated Broken Hill Limited

9/4/03

Has signed a Sale and Purchase Agreement with Pasminco Australia Limited  for the acquisition of the Elura zinc/lead/silver mine and related assets for $5.4 million ($2.2 million payable on completion and $3.2 million payable 9 months after completion).

Jackson Gold Ltd

10/4/03

Has signed  an Option to Purchase Agreement with unlisted public exploration and mining company Gleneagle Gold Limited for the company's Peak Hill Regional Gold Project.

Optum Health Limited

9/4/03

Has concluded a joint enterprise agreement with Wavtech Pty Ltd to develop a patented chemical free water treatment process. The joint enterprise will be conducted through a newly established Australian company Optum ES Pty Ltd. Optum will hold 80% of the shares in Optum ES and Wavtech will hold 20%.

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