Became a Substantial Shareholder

Tuesday, 18 February, 2003 - 21:00

Iluka Resources Ltd

7/2/03

ING Australia Holdings Ltd became a substantial shareholder with a relevant interest of 11,749,401 ordinary shares (5.05%).

Integrated Group Ltd

10/2/03

Commonwealth Bank of Australia became a substantial shareholder with a relevant interest of 3,477,732 fully paid ordinary shares (5.06%).

Magnetic Minerals Ltd

7/2/03

Monterrey Investment Management Ltd became a substantial shareholder with a relevant interest of 1,996,663 ordinary shares (5.4%).

Westgold Resources NL

13/12/02

Equitas Nominees Pty Ltd became a substantial shareholder with a relevant interest of 7,747,918 ordinary shares (11.72%).