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Sales

Woodside Petroleum Ltd

9-Jul-03

Has sold its 6.7% interest in Oilsearch through an institutional book build at 0.83 cents grossing $62.2M.

Ashburton Minerals Ltd

8-Jul-03

Has executed formal sale agreement with Delta Gold Exploration regarding the revised terms of the acquisition of Drummond Basin Gold Assets.

Chieftain Securities Ltd

11-Jul-03

Sold 50% of its holding in PCH Group Ltd at 22 cents per share.

Minerals Corporation Ltd

11-Jul-03

Has accepted a trade sale offer of $5.3M for non-kaolin assets with another asset sale still in progress.  The assets involved in the sale are the Feldspar and Minatek assets.

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