PACIFIC RESOURCES LIMITED — Share Issue/Capital Change 2003

Dec 18, 2003

December 19, 2003

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

Dear Sir

Restricted shares being released from escrow

We advise that a total of 127,081 ordinary shares fully paid previously restricted in escrow are being released from escrow effective January 14, 2004 and that the Company intends to seek quotation on the Australian Stock Exchange of those shares on January 14, 2004.

Yours sincerely Lodestone Exploration Limited

hew Garly

Leni Stanley Secretary