PRODIGY GOLD NL — Capital/Financing Update 2004

Jul 5, 2004

Tuesday, 6 July 2000

The Announcements Office Australian Stock Exchange Limited Level 3, 20 Bridge Street SYDNEY NSW 2000

By Electronic Transmission

Dear Sir

Rights Issue Shortfall

The Directors of Tantalum Australia NL advise that the shortfall of shares not taken up by shareholders in the underwritten one for ten rights issue at 6 cents per share totalled 15,339,767. The underwriter to the issue has been advised of the shortfall.

Yours faithfully

Peter Farrah Company Secretary