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CONNECTED MINERALS LIMITED Capital/Financing Update 2002

Nov 28, 2002

Capital/Financing Update

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ACCLAIM EXPLORATION NL ABN 99 009 076 233

29 November 2002

The Company Announcements Office Australian Stock Exchange Limited 4 Floor 20 Bridge Street SYDNEY NSW 2000

The company advises that the Offer Closing Date for the Prospectus dated 15 October 2002 has been extended to 24 December 2002.

Yours faithfully

N J BASSETT Company Secretary