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IMPERIAL PACIFIC LIMITED Board/Management Information 2004

Jul 13, 2004

65134_rns_2004-07-13_c4782f15-0f65-46ce-b962-b933f3778dad.pdf

Board/Management Information

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Belmont Holdings Limited

(ABN 65 000 144 561)

Level 10 19 Pitt Street Sydney NSW 2000 Tel: 9247 9315 Fax: 9247 9336

14 July 2004

Company Announcements Advice to: Australian Stock Exchange Limited

From: Mr P.E.J.Murray

Company Announcement

Board Appointment - Mr Ian G Hardy.

. . . . . and the company of and the state of Peter EMMurray Director

Belmont Holdings Limited

(ABN 65 000 144 561)

Levet 10 19 Pitt Street Sydney NSW 2000 Tel: 9247 9315 Fax: 9247 9336

14 July 2004

Ms Luise Elsina Manager Listings Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Dear Ms Elsing

Board Appointment

The Directors of Belmont Holdings Limited are pleased to advise that Mr Ian G Hardy has agreed to join its Board as an Executive Director.

Mr Hardy has been actively involved in the investment industry for many years. He holds a degree in Economics from the University of Sydney and is member of the Securities Institute of Australia. He was, until recently, Chief Investment Officer of Challenger Financial Services Group Limited.

He will work in conjunction with Peter EJ Murray in continuing the development of Belmont Holdings Limited and its associate, London City Equities Limited.

Yours faithfully. For and on behalf of the Board

J. Murray Petek

Chairman of Directors