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Directors’ Interests

Adelphi Energy Ltd director Patrick O’Connor has increased his indirect interest in the company by acquiring 3,250,000 shares at a value of $975,000. He now holds 4,508,333 shares at a value of $1.4 million. Eagle Bay Resources NL director Anthony Rechner has increased his interest in the company by acquiring 16,510,478 shares at a value of $892,000. He now holds 30,823,131 at a value of $1.7 million. Babcock & Brown Environmental Investments Ltd director Gary Levin has increased his interest in the company by acquiring 333,333 shares at a value of $383 332. He now holds 959,019 shares at a value of $2 million. Pure Energy Resources Ltd director Terrence Primeau has increased his interest in the company by acquiring 555,121 shares at a value of $98,723. He now holds 3,809,288 shares at a value of $666,625.

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