CONNECTED MINERALS LIMITED — Capital/Financing Update 2004

Apr 14, 2004

ACCLAIM EXPLORATION NL ABN 99 009 076 233

15 April 2004

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

Dear Sir/Madam

Option Expiry Notice - 30 April 2004 Options

Further to the option expiry notification announced today, the company advises that the date quotation of options will cease is at the close of trade on 22 April 2004.

Yours faithfully

N J Bassett Company Secretary

Registered Office: