CONNECTED MINERALS LIMITED — Board/Management Information 2002

Nov 26, 2002

ACCLAIM EXPLORATION NL ABN 99 009 076 233

27 November 2002

Companies Announcement Office Australian Stock Exchange limited 20 Bridge Street SYDNEY NSW 2000

Appointment of Chairman and Technical Director

Acclaim is pleased to announce the appointment of Mr Greq Wheeler as Chairman of the company.

Mr Wheeler is a Chartered Accountant with over 20 years experience in providing business and strategic advice to companies operating in the resources sector. Mr Wheeler has his own consulting practice (after retiring as a partner from Deloitte Touche Tohmatsu, Chartered Accountants, in April 2002) and specializes in providing corporate, financial and management advisory services to a diverse range of industries. His expertise includes financial and capital raisings, joint venture negotiations, marketing and risk management.

Mr Wheeler is a past President of the Securities Institute of Australia - WA Division, a past Director of The Securities Institute of Australia and a current director of Lode Resources NL, a junior gold explorer in the Tanami.

The company has also appointed Mr Donald Thomson as Director - Exploration. Mr Bassett resigns as a director, however, continues in the role of company secretary.

Mr Thomson holds a Batchelor of Science degree with Honours in geology with 20 years experience and is a member of Australian Institute of Mining and Metallurgy. He worked with Newcrest for 9 years in mining and exploration, and was closely involved in the discovery of the Gilbey's gold deposit at Dalgaranga. He was also involved in drill-outs at New Celebration and Telfer, and regional exploration throughout Western Australia and the Northern Territory. As Exploration Manager of Johnson's Well Mining, he lead the team responsible for the discovery of gold resources totalling 2 million ounces, including the 1.2 million ounce Rosemont gold deposit.

Brett Matich Managing Director 27 November 2002

Registered Office: