PACIFIC RESOURCES LIMITED — Board/Management Information 2003

Oct 30, 2003

October 31, 2003

Australian Stock Exchange Limited Company Announcements Office $4th$ Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Executive Appointment - Mr J McCawley

Lodestone Exploration Limited is very pleased to advise that Mr John McCawley, who has been a Director of the Company since its incorporation in 1996, has accepted the appointment to Executive Director effective from November 1, 2003.

Yours sincerely Lodestone Exploration Limited

hew Starly

Leni Stanley Secretary