AIC MINES LIMITED — Proxy Solicitation & Information Statement 2008

Apr 28, 2008

Enquiries

+61 7 3007 8000

PROXY FORM INTREPID MINES LIMITED ABN 060 156 452

Name and address of member or joint members

Appointment of proxy

I/We, being a member/s of Intrepid Mines Limited and entitled to attend and vote, appoint

Full name of individual or body corporate proxy (please print)

or if that person fails to attend or, if no person is named, the Chairman of the meeting to attend, act generally and vote as directed below, or, if no directions are given, as the proxy or the Chairman sees fit, at the general meeting of the Company to be held on 30 May 2008 at 10:00am, and at any adjournment.

Appointing a second proxy If appointing a second proxy, state the percentage of your voting rights applicable to the proxy appointed by this form.

%

Voting	directions to your proxy – please mark�to indicate your directions
Resolution		For	Against	Abstain*
1.	Adoption of Remuneration Report	�	�	�
2.	Re-election of director – Mr Colin Jackson	�	�	�
3.	Re-election of director – Mr Robert McDonald	�	�	�
4.	Re-election of director – Mr Ian McMaster	�	�	�
5.	Approval of grant of options to Mr Brad Gordon	�	�	�
6.	Appointment of KPMG as auditor of the Company	�	�	�

• If you mark the Abstain box for a particular resolution, you are directing your proxy not to vote on that resolution on a show of hands or on a poll and your shares will not be counted in computing the required majority on a poll.

If you appoint the Chairman of the meeting as your proxy, and you do not direct him how to vote on resolution 5, the Chairman of the meeting will vote in favour of resolution 5.

If you appoint the Chairman of the meeting as your proxy, or he may be appointed as your proxy by default, and you do not wish to direct the Chairman of the meeting how to vote as your proxy in relation to resolution 5, please mark � in the box.

By marking this box, you acknowledge that the Chairman of the meeting may vote as your proxy even if he has an interest in the outcome of the resolution and that votes cast by him for the resolution other than as a proxy will be disregarded because of that interest. If you do not mark this box and you have not directed the Chairman of the meeting how to vote, he will not cast any votes as your proxy in relation to resolution 5 and your votes will not be counted in calculating the required majority if a poll is called on this resolution.

Signatures of individual member, joint individual member, attorney or company member

Member, Attorney or Joint Member

Sole director and sole company Director Director/Company secretary secretary (delete one) / / Contact name Contact daytime telephone Date

INSTRUCTIONS FOR COMPLETION OF PROXY FORM

Your name and address

This is your name and address as it appears on the register of members of the Company. If this information is incorrect, please make the correction on the Proxy Form. Members sponsored by a broker should advise their broker of any changes. Please note that you cannot change ownership of your shares using this Proxy Form.

Appointment of proxy

If you are entitled to vote at the meeting you have a right to appoint a proxy and should use this Proxy Form. The proxy need not be a member of the Company and can be an individual or a body corporate.

If you wish to appoint someone other than the Chairman of the meeting as your proxy, please write the name of that person in the appropriate box. Members cannot appoint themselves. If you leave the box blank, or your named proxy does not attend the meeting, the Chairman of the meeting will be your proxy and vote on your behalf.

Your proxy's authority to speak and vote for you at the meeting is suspended if you are present at the meeting.

Voting directions to your proxy

You may direct your proxy how to vote by marking � in 1 of the 3 boxes opposite each resolution. All your votes will be cast in accordance with your direction, unless you indicate only a portion of votes are to be cast on any resolution by inserting the percentage of your voting rights applicable to the proxy appointed by this Proxy Form in the appropriate box. If you do not mark any of the boxes relating to the resolution, your proxy will vote as he or she chooses. If you mark more than 1 box relating to the same resolution business any vote by your proxy on that resolution will be invalid.

Appointing a second proxy

If you are entitled to cast 2 or more votes you may appoint 2 proxies and may specify the proportion or number of votes each proxy is appointed to exercise. If you wish to appoint a second proxy, an additional Proxy Form may be obtained by telephoning the Company or you may copy this form. Both Proxy Forms should be lodged together.

If you appoint 2 proxies and the appointment does not specify the proportion or number of your votes each proxy may exercise, each proxy may exercise half of the votes (ignoring fractions).

If you appoint 2 proxies, neither proxy will have a right to vote on a show of hands.

If you appoint another member as your proxy, that person will have only 1 vote on a show of hands and does not have to vote on a show of hands in accordance with any direction by you.

Signing instructions

This Proxy Form must be signed and dated by the member or the member's attorney. Any joint member may sign.

If this form is signed by an attorney and you have not previously lodged the power of attorney with the Company for notation, please attach a certified copy of the power of attorney to this form when you return it.

If the member is a company that has a sole director or a sole director who is also the sole company secretary, this form must be signed by that person. Otherwise, this form must be signed by 2 directors or 1 director and a company secretary. Please indicate the office held by signing in the appropriate place.

Lodgement of Proxy Form

Proxy Forms and proxy appointment authorities, for example, the original or a certified copy of the power of attorney (if the Proxy Form is signed by an attorney) must be received:

• at Advanced Share Registry Services, P.O.Box 1156, Nedlands, Western Australia, 6909, Australia; or

• by fax, on fax number +61 7 3007 8080,

not later than 10:00am on 28 May 2008 .

Documents received after that time will not be valid for the scheduled meeting.

Privacy

Chapter 2C of the Corporations Act requires information about you (including your name, address and details of the shares you hold) to be included in the Company's public register of members. This information must continue to be included in the public register if you cease to hold shares. These statutory obligations are not altered by the Privacy Amendment (Private Sector) Act 2000 (Cth). Information is collected to administer your shareholding which may not be possible if some or all of the information is not collected.