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RAIDEN RESOURCES LIMITED Capital/Financing Update 2003

Jun 18, 2003

65675_rns_2003-06-18_46392bbd-6021-4c9f-8752-930a91d67cfa.pdf

Capital/Financing Update

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Medical Monitors Limited

ACN 009 161 522

19 June 2003

Company Announcements Office Australian Stock Exchange Ltd 10 Bridge St Sydney

Re: Notice of expiry of 'June 2003' Convertible Options in Medical Monitors Limited (ASX code: MDM)

This notice is for unit holders of 30 June, 2003 Convertible Options in Medical Monitors Limited (the Company), and applies to:

  • (a) registered unit holders as listed with Computershare Investor Services, Perth, on behalf of the Company
  • (b) the number of Options issued and quoted are 22,795,787
  • (c) the conversion price is AUD\$0.80 (eighty cents)
  • (d) due date of payment being on or before June 30, 2003
  • (e) non-payment of the full exercise price, prior to the expiry date of 30 June, 2003, will incur total forfeiture of the right to convert after the due date
  • (f) June 23, 2003 will be the final date for quotation of these Options
  • (a) the latest market price of the Fully Paid Ordinary (FPO) Shares was \$0.03
  • (h) over the past three months the highest price for the FPO shares was \$0.035 on 17 April 2003, and the lowest price was \$0.028 on 23 April, 2003
  • (i) No underwriting agreement is in place pursuant to Listing Rule 3.11.3

Dr Allan Shell Director

Suite 407 Office Tower Westfield Eastgardens Eastgardens NSW 2036 Australia Phone: +61 2 9344 8100 Fax: +61 2 9344 8200 www.medmon.com.au