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EVOLUTION MINING LIMITED Capital/Financing Update 2005

May 22, 2005

Capital/Financing Update

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WESTONIA MINES LIMITED

23 May 2005

Company Announcements Office Australian Stock Exchange Limited

The Company confirms that 'Rights Trading' will commence 30 May 2005.

Yours sincerely

Denin wife

Dennis Wilkins Company Secretary

Z:\WEZ\DW Rights Trading 23.05.05.doc