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Lachlan Star Limited Capital/Financing Update 2003

Nov 27, 2003

46929_rns_2003-11-27_b49f64b8-be37-4165-afca-1d47b4840e45.pdf

Capital/Financing Update

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ACN 000 759 535

FOR RELEASE TO THE MARKET

Level 9 Gold Fields House 1 Alfred Street Sydney NSW 2000 Email: [email protected]

Phone: (02) 9251 2777 Facsimile : (02) 9251 2666 Website: www.gympiegold.com.au

Information Notification

Name of Issuer: Gympie Gold Limited ABN 88 00 759 535

The Issuer named above notifies ASX that there is no information to be disclosed to ASX of the kind that would be required to be disclosed under subsection 713(5) of the Corporations Act 2001 (Cth) if a prospectus were to be issued in reliance on section 713 of the Corporations Act 2001 (Cth) in relation to an offer of the securities described below.

Details of the issue or offer to securities

Class of securities:	Ordinary Shares
ASX Code of the securities:	GYM
Date of the issue or expected issue of the securities: 27 November 2003
Total number of securities or expected to be issued: 11,400,000

Being a placement of 11,400,000 ordinary shares to professional investors in Australia which does not require shareholder approval.

Name:	Anne Adaley
Position Held:	Company Secretary
Dated:	28 November 2003