12/12/2007 - 22:00

Directors’ Interests

12/12/2007 - 22:00

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Directors’ Interests
Straits Resources Ltd non executive director Richard Ong Chui Chat has decreased his direct interest in the company through the on market sale of 1 million shares realising $6.5 million. He now owns 1.8 million shares valued at $12.1 million on the announcement day share price. Consolidated Minerals Ltd managing director Rodney Baxter has increased his direct interest in the company through the exercise of 1 million options valued at $1.9 million. He now owns 1 million shares valued at $4.8 million on the announcement day share price. Red Hill Iron Ltd non executive director Joshua Pitt has increased his indirect interest in the company, held by Wythenshawe Pty Ltd, through the off market acquisition of 300,000 shares at $1.2 million. He now owns 3 million shares valued at $12 million on the announcement day share price. Midwest Corporation Ltd non-executive director Stephen de Belle has increased his direct and indirect interest in the company by 573,926 shares at $704,242 through a combination of exercise of options, off market acquisition, participation in rights issue and share purchase plan. He now owns 3.4 million shares valued at $13.8 million on the announcement day share price.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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