GRANGE RESOURCES LIMITED. — Share Issue/Capital Change 2003

Dec 4, 2003

C3 Cancellation of shares

Reason for cancellation

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

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

Details of cancelled shares

Share class code Number of shares cancelled Amount paid (cash or otherwise) $\Gamma$

lOrd	68,612	\$24,603.98
.			.

Earliest date of change The control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control of the control
Please indicate the earliest date that any of the above changes occured. New New New New New New New New New New
$\boxed{0 \mid 5 \mid l} \boxed{1 \mid 2 \mid l} \boxed{0 \mid 3}$
$\mathbb{D} \oplus \mathbb{D} \oplus \mathbb{M} \oplus \mathbb{M} \oplus \mathbb{M} \oplus \mathbb{M}$						.