PACIFIC RESOURCES LIMITED — Capital/Financing Update 2006

Jun 15, 2006

MARKET RELEASE

16 June 2006

Lodestone Exploration Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Lodestone Exploration Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company.

Security Code: LOD

Simon O'Brien Adviser, Issuers (Brisbane)

Lodestone Exploration Limited

ABN 20 075 877 075

16 June 2006

Mr Simon O'Brien Companies Advisor Australian Stock Exchange Limited BRISBANE QLD 4000

Dear Simon

Request for voluntary suspension by Lodestone Exploration Limited ("LOD")

Lodestone wishes to request a voluntary suspension effective today. The company is in the process of finalising the underwriting of a Renounceable Rights Issue which we expect to finalise and announce either later today or early next week.

Yours sincerely

hew Ganly

Leni Stanley Company Secretary

Lodestone Exploration Limited

Lodestone Exploration Limited GPO Box 762 Brisbane QLD 4001 Australia