KINGSTON RESOURCES LIMITED — Major Shareholding Notification 2003

May 12, 2003

page 1/2 15 July 2001 604

Form 604
Corporations Act 2001 Saction 671B
Notice of change of interests of substantial holder
kquities. isup limited To Company Name/Scheme
ACN/ARSN ACN 009 148 529
1. Details of substantial holder(1)
Ylodinir NikolaenKo Name
ACN/ARSN (if applicable)
τ. There was a change in the interests of the Ď ى 1 5 ك substantial holder on $\gamma$
4 M /02 The previous notice was given to the company on ے مہریہ The previous notice was dated
2. Previous and present voting power

The rotal number of voms attached to all the voting shares in the company or voting interests in the scheme that the substantinoider or an associate (2) had a relevant interest (3) in when last required, and when now requ

Class of securities (4)	Previous notice		Present notice
__	Primori's votes	Voting nower (5)	Person's votes	Voting power (5)
hainnru	$\mathcal{P}_{\text{in}}$ 7.748	פ⊦ר	-10	° ا¤⊾ن . . .
--------

3. Changes in retevant interests

Particulars of each change in. or change in the nature of, a relevant interest of the substantial holder or an associate in tiog securities of the company or schame, since the
substantial holder was last required to give a

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected.	Parson's votes affected
15/16/0244 S 15103	V. Nikoloenko Shore	Kurdvarsi	$82 + 205$	Drdinom, 12.0 32.907	$T - 1$ 2,062,9071
131102~1 لحقنعتها		Nikolaenko tsirare sales	682.693	iudi w 8,200.394	నే,2య హార్చ

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of ralevant interest	Registered holder of securities	Ferson entitled to be registered as halder (B)		Nature of relevant Interest (6)		Cless and number of securities (Orchnarn)	Person's votes
W. Nikolaento	Godnedel Dender Arried		لداده	ontrolled Entity		21.869.371	ו רב, 124,869
v	Conson compl	لمحل	W(V			13,900,600	3,400,000
w	Vacan holdines	१, ७०	A/A	44	98	12,375,000	2,325 ంం

$\ddot{\phantom{0}}$

604 page 2/2 15 July 2001

5. Changes in association

The persons who nave become associates (2) of, ceased to be associates of, or have changed the nature of their association (6)(h, the substantial noticer in relation to voting interests in the company or scheme are as follows:

--- Name and ACN/ARSN (if applicable) - 11	-- Nature of association	- ___ __
------
--	- -----

6. Addresses

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

___ Name $\sim$	- - - Address	- -- ---			____
. . .		. .	Section
--- - 4	----	. . ъ.	__ -- د ل	. .
			-------------		___

Signature

If there are a number of substantial holders with similar or related refevant interests (eq. a corporation and its related epoparions, or the manager and trustee of an $\left( n\right)$ equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are exartally 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 liberly set out in paragraph 6 of the form.

• See the definition of "essociate" in saction 9 of the Corporations Act 2001. $\Box$
• $\omega$ See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001.
• $\left{ 4\right}$ The voting shares of a company constitute one class unless divided into separate classes.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $\mathbf{G}$ Include datails of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 5700 applies, a copy of any,
  document setting out the terms of any relevant agreement, and a statement (a) attengement, must accompany this form, together with a written statement certifying this contract, scheme or atrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting prens or disposal of the securities to b) which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the cefinition of "relevant agreement" in section 9 of the Corporations Act 2001.

• $\sigma$ Details of the consideration must include any and all benefits, money and other, that any parson from whom a relevant interactionary 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 happen or not of a contingency. Details must be incipate the basic of the substantial holds of its associate in relation to the sequisitions, even if they enot paid directly to the person from whom the relevant interest was acquired.
• (J) If the substantial holder is unable to determine the identity of the porson (eg. if the relevant interest arises because of option) write "unknown".
• O) Give details, if appropriate, of the present association and any change in that association since the last substantial holti notice.