GRANGE RESOURCES LIMITED. — AGM Information 2003

Jul 30, 2003

GRANGE RESOURCES LIMITED A.C.N. 009 132 405

STOCK EXCHANGE ANNOUNCEMENT

ANNUAL GENERAL MEETING

31 July 2003

In accordance with Listing Rule 3.13.2 the directors advise that the resolution put to shareholders was carried at the General Meeting of the Company held earlier today.

The resolution carried was: -

"That, in accordance with section $257C(1)$ of the Corporations Act and for all other purposes, the shareholders of the Company hereby approve and authorise the Company to buy-back up to a maximum of 10% of the fully paid ordinary shares in the capital of the Company over a six month period commencing 1 August 2003 on terms summarised in the accompanying Explanatory Memorandum."

A summary of proxy votes in relation to this resolution passed is attached.

ALEC PISMIRIS Company Secretary

S:\AA - Enterprises\Orange\Compliance\ASX\ASX Annoiacements\$054.doc

GRANGE RESOURCES LIMITED A.C.N. 009 132 405

GRANGE RESOURCES LIMITED

GENERAL MEETING - 31 JULY 2003

DISCLOSURE OF PROXY VOTES

In accordance with section 251AA of the Corporations Law, the following information is provided to Australian Stock Exchange Limited in relation to the resolution passed by members of Grange Resources Limited at the General Meeting of the Company held on 31 July 2003.

	Resolution
Decided by show of hands (S) or poll (P)	S
Total number of proxy votes exercisable by proxies validly appointed	20,882,847
Total number of proxy votes in respect of which the appointments specified that:- the proxy is to vote for the resolution	20,472,848
the proxy is to vote against the resolution	Nil
the proxy is to abstain on the resolution	Nil
the proxy may vote at the proxy's discretion	409,999

S:\AA - Enterprises:Grange\Compliance\ASX\ASX_Aanotacements\1054.doc