MACRO METALS LIMITED — Major Shareholding Notification 2003

Mar 16, 2003

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

Company		Auto Enterprises Limited ABN 28 001 894 033
1. Details of substantial holder Kopai Holdings Pty Limited ABN 20 978 858 957
The holder became a substantial holder on 11/03/2003
2. Details of voting power
	Class of Securities Ord Shares	Number of Securities 1.081.016	Votes 1,081,016		Voting Power 8.27%
3. Details of relevant interest
	Holder of Relevant Interest Kopai Holdings Pty Ltd	Nature of Interest Direct Holding	Class and Number of Securities Ord Shares 1,081,016
4. Details of present registered holders
Holder of Relevant Interest		Registered Holder	Person Entitled Kopai Holdings Pty Ltd Kopai Holdings Pty Ltd Kopai Holdings Pty Ltd		Securities Ord (540, 508)
	Kopai Holdings Pty Ltd	Lothbury Pty Ltd Kopai Holdings Pty Ltd			Ord (540, 508)
5. Consideration Paid for each relevant interest in para 3, above and acquired in the four months prior to the date In para 1. above:
Holder of Relevant Interest		Date of Acquisition	Consideration Non Cash Cash		Securities Ord
	Kopai Holdings Pty Ltd	11/03/2003	N/A	\$5000	(540, 508)
6. Associates Not Applicable
7. Addresses	Persons named in this form Kopai Holdings Pty Ltd 4 Quay Court Sorrento Western Australia 6020		Lothbury Pty Ltd 23 Pearson Way Osborne Park Western Australia 6017
Signature	Print Name Danny Fisher		Capacity Director of Kopai
Sign Here Date 11 March 2003