PACIFIC RESOURCES LIMITED — Capital/Financing Update 2005

Oct 5, 2005

Lodestone Exploration Limited

ABN 20 075 877 075 www.lodestonex.com

6 October 2005

The Manager Company Announcements Office Australian Stock Exchange Limited Electronic Lodgment System

Dear Sir,

SHARE PURCHASE PLAN CLOSED

Lodestone Exploration Limited (ASX: LOD) is pleased to announce that the Company's Share Purchase Plan has now closed. The Company is very pleased with the high participation rate and advise that a total of 6,587,693 fully paid shares issued at 6.5 cents has been allotted under the plan today.

It is anticipated that the Company's Share Register will be dispatching documents to shareholders on 6th October 2005.

Yours faithfully,

hew Starty

Leni Stanley Company Secretary