Albidon Limited

Tuesday, 16 March, 2004 - 21:00

March 23

Albidon Limited

Proposed code: ALB

Issue price: $0.50

Principal activities: Nickel-platinum exploration

Corporate: Richard Potts (executive chairman); Dr Donal Windrim (managing director); Craig Burton (corporate director); Alasdair Cooke (non-executive director); Michael Brook (non-executive director); Christopher de Guingand (non-executive director); and Mark Freeman (company secretary).

www.albidon.com

(08) 9389 6300

Albidon hopes to raise $4 million from a 50 cent a share offer that is scheduled to close on March 17.

Sponsoring broker: Austock Brokers Pty Ltd