GRANGE RESOURCES LIMITED. — Share Issue/Capital Change 2003

Dec 10, 2003

C3 Cancellation of shares

Reason for cancellation

Please indicate the reason that shares have been cancelled (select one or more boxes)

	Give section reference
	Description
Other
	Under section 1325A (court order)
	Under section 651C, 724(2), 737 or 738
	Shares returned to a public company - ss.258E(2) & (3)
	Forfeited shares - \$.258D
	no more than 1 year before the share buy-back can take place
$\mathbf{x}$	Other buy-back type. A form 280 or 281 must be lodged at least 14 days, and
	Minimum holding buy-back only
	- Share buy-back. - ss.257H(3)
	reduction takes place
	Multiple shareholder company. A Form 2560 must be lodged before a capital
	Single shareholder company
	Capital reduction - S.256A - S.256E
	Redeemed out of proceeds of a fresh issue of shares
	Redeemed out of profits

Details of cancelled shares

		Share class code Number of shares cancelled Amount paid (cash or otherwise)
lOrd	25,666	\$9,211.65

	date of change and the control of the control of the control of change and the control of change of change $\mathcal{L}(\mathcal{L})$
Please indicate the earliest date that any of the above changes occured and the individual to the individual to the individual
$\frac{1}{9}$ $\frac{1}{1}$ $\frac{2}{1}$ $\frac{1}{1}$ $\frac{0}{3}$ $\frac{3}{1}$ $\frac{1}{1}$ $\frac{1}{1}$ $\frac{1}{1}$ $\frac{1}{2}$ $\frac{1}{1}$
$\cap$ id $\cdots$ di $\cdot$ im $\cdots$ m $\cdot$ iy $\cdots$ y