Lachlan Star Limited — Major Shareholding Notification 2003

Dec 7, 2003

$\mathbb{R}^2$

PILATUS CAPITAL PTY LIMITED

A.B.N. 81 003 802 668

Level 21, Gold Fields House, 1 Alfred Street, SYDNEY NSW 2000 Tel: (02) 9255 7666 Fax: (02) 9255 7670

	FACSIMILE
TO:	Australian Stock Exchange Limited
ATTENTION:	The Manager - Companies Department
FAX NO:	1900 999 279
FROM:	Fred Macleod
DATE:	08.12.2003
No of Pages:	3 (including this cover sheet)

Form 604 Corporations Law Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ACN/ARSN

GYMPIE GOLD LIMITED 000 759 535

1. Details of substantial holder (1)

1. Detaile of separation Name	PILATUS CAPITAL PTY LIMITED & THE PERSONS LISTED
ACN/ARSN (if applicable)	003 802 668
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	05-12-2003 10-06-2003 10-06-2003

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

+ Previous notice $\overline{\phantom{a}}$ Class of securities (4) $\neg$ Voting power (5) Person's vote Voting power (5) Г Person's ∨otes $21.8%$ * 51,356,581 24.9% 51,356,581			Present notice
	ORDINARY

* 235,188,575 ordinary shares on issue - dilution as consequence of private placement of shares.

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme as follows:

Date of change	Parson whose relevant interest changed	Nature of change (6)	Consideration ⊑ given in relation to change (7)	Class and number of securities affected	Person's votes affected
$\sqrt{05-12-2003}$	FPILATUS and persons listed	DILUTION

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

Particulars of each relevent inter-
Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest $(6)$	$\overline{\text{Class}}$ and number of securities affected	Person's votes ORDINARY
Pilatus	Pilatus	Pilatus	Power to vote and power to dispose	ORDINARY 45,082.549	45,082,549
Michael Gordon Darling	$\overline{\mathsf{Pl} }$ atus	Pilatus	Controls ultimate parent company of Pilatus	ORDINARY 45,082,549	ORDINARY 45,082,549
Milestone Investments Pty	Pilatus	Pilatus	Ultimate parent company of Pilatus	ORDINARY 45,082,549	ORDINARY 45,082.549
Limited Camden Assets Pty Limited	Pilatus	Pilatus	Parent company of Pilatus	ORDINARY 45,082,549 ORDINARY	ORDINARY 45.082,549 ORDINARY
Pilatus and persons listed	Mafed Investments Pty	Mafed Investments Pty Limited	Power to dispose	5,108,485	5,108,485
Pilatus and	Limited Lissac Pty Limited	Lissac Pty Limited	Power to dispose	ORDINARY 482,366 ORDINARY	ORDINARY 482,366 ORDINARY
persons listed Pilatus and persons listed	Jahac Pty Limited	Jahac Pty Limited	Power to dispose Power to dispose	482,366 ORDINARY	482,366 ORDINARY
Pilatus and persons listed	Shara Investments Pty Limited	$\overline{\mathbf{S}}$ hara Investments Pty Limited		200,815	200,815

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their
association (9) with, the substantial holder in relation to voting interests in the company or scheme are as fo

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

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

	Address
Name	* Gold Fields House, 1 Alfred Street, Sydney Level 21. 1 Alfred Street, Sydney
Pilatus Michael Gordon Darling	T Level 21, Gold Fields House 1 Alfred Street. . Svdnev
Milestone Investments Pty Limited ACN 003 853 549	Level 21, Gold Fields House. 1 Alfred Street, Sydney Gold Fields House.
' Camden Assets Pty Limited ACN 003 876 855	$L$ evel 21

Signature

FRED MACLEOD	Company Secretary
print name.	capacity
Sand for Storm	08.12.03
sign here	date