RAIDEN RESOURCES LIMITED — Board/Management Information 2003

Aug 3, 2003

Media Release - 4 August 2003

Finance Director Appointed

Medical Monitors Limited has appointed Mr Anthony Allison as Finance Director, as the Company continues its rapid financial growth on both a local and international scale.

Mr Allison brings with him more than 30 years of experience in the finance sector. He has an extensive background in stockbroking and corporate finance in the Australian and international equities and capital markets.

Currently, Mr Allison is principal of equities at Access Corporation Limited, investment bankers. Prior to this he has been involved with several established stockbroking firms in Australia and the UK, as a principal or a dealer, before founding his own stockbroking firm in New Zealand in the early 1990's.

Dr Allan Shell, Managing Director, Medical Monitors said that Mr Allison's expertise would assist in providing the financial and corporate associations necessary for maintaining a strong financial base for the Company.

"Medical Monitors has a strong IP and its unique products continue to attract the interest of key global players in the healthcare market," said Mr Allison

"Working for a company that has already notched up so many successes in a short period of time is a great opportunity for me. I am looking forward to identifying further opportunities and increasing the success of Medical Monitors on a global scale," added Mr Allison.

Medical Monitors Limited is an Australian health service and medical technology company that enables people to simply and effectively monitor specific cardiovascular conditions through unique technology.

For further information please contact Dr Allan Shell on 02 9344 8100 or visit the Medical Monitors website - www.medmon.com.au

Medical Monitors Limited Suite 407 Office Tower Westfield Eastgardens Eastgardens NSW 2036 Australia Tel 02 9344 8100 Fax 02 9344 8200