Became a Substantial Shareholder

Tuesday, 27 May, 2003 - 22:00

Australian Mines Ltd

28/4/03

Kingslane Pty Ltd ATF Crawton Family Trust became a substantial shareholder with a relevant interest of 11,000,000 ordinary shares (10.7%).

Iinet Ltd

23/5/03

Paradice Cooper Investors Pty Ltd became a substantial shareholder with a relevant interest of 3,290,816 ordinary shares (8.29%)

Pan Palladium Ltd

14/5/03

Mandalay Investment Ltd became a substantial shareholder with a relevant interest of 8,487,500 ordinary shares (11.33%).

Tap Oil Ltd

21/5/03

Queensland Investment Corporation became a substantial shareholder with a relevant interest of 8,003,550 ordinary shares fully paid (5.16%).

Thin Technologies Ltd

21/5/03

Buyshop Ltd became a substantial shareholder with a relevant interest of 35,000,000 ordinary shares (33.91%).

West Australian Metals Ltd

14/5/03

Modility Pty Ltd became a substantial shareholder with a relevant interest of 5,130,000 ordinary shares.