PACIFIC RESOURCES LIMITED — Share Issue/Capital Change 2003

Oct 15, 2003

October 16, 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 182,667 ordinary shares fully paid previously restricted in escrow are being released from escrow effective October 31, 2003 and that the Company intends to seek quotation on the Australian Stock Exchange of those shares on October 31, 2003.

Yours sincerely Lodestone Exploration Limited

heno Stanly

Leni Stanley Secretary