Comet Ridge Limited

Tuesday, 23 March, 2004 - 21:00

April 23

Comet Ridge Limited

Proposed code: COI

Issue price: $0.20

Principal activities: Coal seam gas explorer

Corporate: Jeff Schneider (chairman); Andy Lydyard (managing director); Simon Ashton (non-executive director); and Gillian Swaby (non-executive director and company secretary).

www.cometridge.com.au

(08) 9225 7108

Comet Ridge plans to raise $5 million from a 20 cent a share offer that is scheduled to close on April 2.

Lead manager: Pattersons Securities Limited.