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Contracts

AquaCarotene Ltd

7/02/03

Is in negotiations with a major earthmoving contractor with a view to the commercial sale by AquaCarotene of sand and gravel from land adjacent to the Karratha township. . Initial estimates show that mined to a depth of only 1.5 metres has the potential to yield 300,000- 400,000 cubic metres of sand and up to 1,800,000 cubic metres of gravel/fill. Environmental Solutions International Ltd

10/02/03

Has been awarded the contract for the design, construction and commissioning of Dalyellup Water Treatment Plant Stage 2. The contract is valued at approximately $2.6 million.

SDS Corporation Ltd

7/02/03

Has received a further order from a US oil & gas provider, to manufacture inserts for oil field products. The value of the order is $US 3.7 million (or $A 6.2 million) to be supplied over the next 6 to 8 months.

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