MACRO METALS LIMITED — AGM Information 2004

Sep 15, 2004

AUTO ENTERPRISES LIMITED ACN 001 894 033 NOTICE OF MEETING 2004

NOTICE IS HEREBY GIVEN that the Annual General Meeting of shareholders of Auto Enterprises Limited (the "Company") will be held at the office of BDO Chartered Accountants, Level 19, Allianz House, 2 Market Street, SYDNEY at 12 mid-day on Friday 15 October 2004.

AGENDA

• 1. To consider the financial report, the directors' report and the auditor's report for the vear ended 30 June 2004.
• 1. To consider the election of Mr Geoff Gibbs as a director. Mr Gibbs retires by rotation in accordance with Clause 3.6 of the Company's Constitution and, being eligible, offers himself for election.
• 1. To consider that an amount of \$40,000 in total be paid as directors' fees, to be distributed among the directors as they determine. Explanation: No cash directors fees have been paid since December 1999. 250,000 fully paid shares were issued to each of four directors in lieu of fees otherwise payable for the period 1 January 2000 to 31 December 2000. No fees were paid for any period in the 3-1/2 vears from 1 January 2001 to 30 June 2004. Three directors will participate in the proposed payment. The fees now proposed for payment represent a decrease on the fees previously paid as approved by shareholders.
• 1. Other Business

By Order of the Board Don Wilson Company Secretary 15 September 2004

IF YOU ARE VOTING BY PROXY

• A proxy form is included with this notice;
• A member who is entitled to attend and cast a vote at the Meeting may appoint not more than two proxies to attend and vote instead of the member. When more than one proxy is appointed, each proxy must be appointed by separate proxy form to represent a specified portion of the member's votina riahts:
• A proxy need not be a member of the Company and has the same rights as a member to speak, vote (in accordance with the appointment) and join a demand for a poll;
• A corporation may elect to appoint a representative in accordance with the Corporations Act in which case the Company will require written proof of the representative's appointment which must be lodged with or presented to the Company prior to the Meeting;
• To be effective, completed proxy forms must reach the Registered Office of the Company not less than 48 business hours before the scheduled commencement of the meeting, that is by 12 mid-day on 13 October 2004. Proxies may be delivered or posted to ATL Proxies, c/ Stirling Warton Williams, Level 11, 111 Elizabeth Street, Sydney NSW 2000. Legible facsimile copies properly executed will be accepted in the required time at: 02 9439 9963;
• The Company has determined in accordance with regulation 7.11.37 of the Corporations Regulations that persons entitled to attend and vote at the meeting shall be persons who held the issued shares of the Company as recorded in the Company's Register of Shareholders as at the close of business on 13 October 2004.

AUTO ENTERPRISES LIMITED ACN 001 894 033

FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON FRIDAY 15 OCTOBER 2004 AT 12 MID-DAY

To appoint a valid proxy, complete and send this form to reach the Company no later than 12 mid-day on 13 October 2004.

	Post to: ATL Proxies C/ Stirling Warton Williams Level 11 St James Centre 111 Elizabeth Street Sydney NSW 2001	OR		Fax to: ATL Proxies 02 9439 9963
		Insert TOTAL number of shares held if known
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	being a member/members of the Company hereby appoint manufactured and the member/member or failing him/her, the Chairman of the Meeting as my/our proxy to vote for me/us and on our behalf at the Annual General Meeting of the Company to be held at 2 Market Street Sydney NSW on Friday 15 October 2004 and at any adjournment thereof, in the manner directed below, or in the absence of direction, as he/she thinks fit. Copy this form if two proxies are being appointed. Nominate in the box a % for this proxy if two proxies are being appointed >>>>>			%
	To direct your proxy how to vote, mark the appropriate boxes		FOR.	AGAINST	ABSTAIN
	1. Adoption of financial report and directors' report
2.	To elect Mr Gibbs as a director
	3. Payment of directors fees
	Signed this ____ day of ________			2004
	Signature of Member			Signature of Joint Member (if applicable)
	Corporate Members - Signed in accordance with the Constitution of the Company: