EVOLUTION MINING LIMITED — Major Shareholding Notification 2003

Jun 11, 2003

Portfolio Partners Limited ABN 85 066 081 114 Level 4 530 Collins Street Melbourne 3000 Telephone 03 9220 0300 Fax 03 9220 0333 www.portfoliopartners.com.au

Fax

To:	ASX	Fax Number: 1900999279
Company.
From:	Lillingston, Scott
Date:	12 June 2003	Number of pages 5 including this one
Subject:	Company

Please find attached a Form 603 providing notification of an Initial Substantial Shareholding of Portfolio Partners Limited in the shares of Westonia Mines Limited

Scott Lillingston Investment Compliance Officer

If for any reason this transmission fails, or you do not receive all the pages, please contact the sender.

603 page 1/4 13 March 2000

* Based on issued capital of 61,693,421 fully paid ordinary shares.

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To	Company Name/Scheme	Westonia Mines Limited
1.	Details of substantial holder(1)
Name		Portfolio Partners Limited and entities in the AVIVA plc Group listed in Schedule 1
	ABN (if applicable)	85 066 081 114

The holder became a substantial holder on	12 June 2003

Details of voting power $2.$

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power $(6)$
Ordinary shares	3,831,877	3.831,877	6.21%*

$3.$ Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Portfolio Partners Limited	Power to (or to control) exercise vote and/or dispose of the securities as discretionary investment managers or advisers of superannuation funds, pooled superannuation trusts, managed investment schemes and investment management agreements.	3.831.877
Entities in AVIVA plc Group listed in Schedule 1	Deemed relevant interest under section 608(2) or (3) of Corporations Law. See Schedule 1	3.831.877

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be registered as	Class and number
interest	securities	holder $(8)$	of securities
Refer schedule 2

Consideration $5.$

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant	Date of acquisition	Consideration (9)	Class and number
interest			of securities

Portfolio Partners Limited and the entities in the CGNU plc Group listed in Schedule 1		Cash	Non-cash	Ordinary fully paid shares
	02/06/2003 Total	\$263.170		641.877
	03/06/2003 Total	\$205,000		500.000
	05/06/2003 Total	\$163.800		390.000
	10/06/2003 Total	\$828,000		2.300.000
	Grand Total	\$1,459,970		3,831,877

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN (if applicable)	Nature of association
Refer Schedule	' Each is a related body corporate of Portfolio Partners Limited

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
All entities listed in Schedule 1	c/- Portfolio Partners Limited. Level 4, 530 Collins Street. Melbourne. Victoria, 3000

Signature print name	Anthony Burill	capacity	Head of Operations
sign here		date	12/06/2003
	AfBurill

$\mathbf{I}$

603 page 3/4 13 March 2000

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• (2) See the definition of 'associate' in section 9 of the Corporations Law.
• See the definition of 'relevant interest' in sections 608 and 671B(7) of the Corporations Law. $(3)$
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (7) Include details of:
• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of 'relevant agreement' in section 9 of the Corporations Law.

(8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write 'unknown'.

(9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

SCHEDULE 1

List of entities

603 page 4/4 13 March 2000

90 Arthur Street Pty Ltd ACN 003 152 672	Norwich Fixed Assets Pty Ltd ACN 072 ACN 072 232
91 City Road Pty Ltd ACN 006 606 659	154
ACN 003 839 905 Pty Ltd	Norwich Fixed Assets (2) Pty Limited ACN 092 040 438
ACN 008 649 581 Pt Ltd	Norwich House Melbourne Pty Ltd ACN 006 475 029
Associated Marine Insurers Agents Pty Ltd ACN 006 104	Norwich Marketing Services Limited ACN 060 534 947
007	Norwich (NSW) Assets Pty Ltd ACN 003 516 256
Belves Investments Ltd (New Zealand)	Norwich Technology Services Ltd ACN 068 912 939
Broadands International Finance Ltd ACN 008 918 161	Norwich Union Australia Limited ACN 006 783 286
Broadands Ltd ACN 008 667 570	Norwich Union Finance Pty Ltd (previously Norwich
BSL Landmark Management Ltd ACN 006 955 031	Lifeguard Pty Limited) ACN 007 353 424
Caram Bloodstock Pty Ltd ACN 053 891 553	Norwich Union Friendly Society Limited ACN 087 649
Caram Investments Australia Ltd ACN 002 022 513	045
CFM Holdings Ltd (New Zealand)	Norwich Union Funeral Plan Management Pty Ltd ACN
CGU Holdings (Australia) Ltd (UK)	003 769 640
CGU Insurance plc (UK)	Norwich Union Holdings Australia Limited ACN 071 346
CGU International Holdings BV (Netherlands)	800
CGU International Insurance plc (UK)	Norwich Union Life Australia Limited ACN 006 783 295
Commercial Union Holdings (France) Ltd (UK)	Norwich Union Navigator Limited ACN 006 302 987
Commercial Union Holdings (NZ) Ltd (New Zealand)	Norwich Union Superannuation Limited ACN 067 926 541
Commercial Union International Holdings Ltd (UK)	Norwich Union Superannuation Services Pty Ltd ACN
Commercial Union Pty Ltd ACN 007 150 343	007 410 193
Commercial Union Workers Insurance (Vic) Pty Ltd ACN	NULIS Nominees (Australia) Limited ACN 008 515 633
058 390 631	NZI Insurance Australia Ltd ACN 001 948 278
Corporate Financial Management (Aust) Pty Ltd ACN 008	NZI Leasing Corporation Limited ACN 008 601 116
646517	NZI Securities Western Ltd ACN 008 673 069
Cugroup Pty Ltd ACN 004 520 334	NZI Worker's Compensation (NSW) Ltd ACN 003 324
CU Travel and General Insurance Ltd ACN 008 485 201	534
Elan Management Ltd ACN 001 072 420	NZI Worker's Compensation (South Australia) Ltd ACN
FPI Pty Ltd ACN 006 305 700	069 007 709
Gallagher Lane Limited ACN 060 535 104	Pacific Indemnity Underwriting Agency Pty Ltd ACN 007
General Accident Asia - Pacific Ltd (New Zealand)	078 140
General Accident Australia and New Zealand Ltd ACN	Portfolio Partners Limited ACN 066 081 114
002902847	Portfolio Partners Super Pty Ltd ACN 081 462 197
General Accident Insurance Company Australia Ltd ACN	Scottish Insurance Corporation Ltd (UK)
050 882 123	Sure Purchase Pty Ltd ACN 007 395 333
General Accident plc (UK) Hibernian Investment Managers Limited (UK)	Swann Insurance (Aust) Pty Ltd ACN 000 886 680 SWAPL Pty Ltd ACN 058 466 596
Lakeview Corporate Services Pty Ltd ACN 003 167 100	T&G General Insurance Ltd ACN 004 480 200
Mutual Community General Insurance Pty Ltd ACN 007 895 543	The Calder Group Pty Ltd ACN 008 138 485 The Care Group Pty Ltd ACN 003 066 073
NIML Limited ACN 007 016 186	The Insurance Office of Australia Ltd ACN 000 004 544
Noradin Pty Ltd ACN 082 823 774	The Road Transport and General Insurance Co Ltd (UK)
Norstaff Super Limited ACN 060 563 108	Tokara Pty Ltd ACN 082 564 261
Norwich Asset Management Services Ltd ACN 074 649	Union Insurance Co. Ltd ACN 004 478 979
068	Vynotas Pty Ltd ACN 007 093 601

SCHEDULE 2

Holder of relevant interests	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
			Ordinary fully paid shares
Portfolio Partners Limited and the entities listed in Schedule 1	National Nominees Ltd		1,646,823
	RBC Global Services Australia Nominees Pty Limited		2.185.054
	Total		3,831,877