RAND MINING LIMITED — Major Shareholding Notification 2004

May 13, 2004

Form 604
-----------------	--

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Tribune Resources NL
ACN/ARSN	009 341 539
1. Details of substantialholder(1)
NameACN/ARSN (if applicable)	Rand Mining NL004 669 658
There was a change in the interests of thesubstantial holder on	14/5/04
revious notice was given to the company$T^*$$01 -$	24/5/2002
The previous notice was dated	24/5/2002

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power
Ordinarv	7,225,800	16.03%	9.200.227	19.18%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange $(6)$	Considerationgiven in relation tochange (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
14/5/04	Rand Mining NL	Buv	$1,841,869.70	.674.427	3.49%

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class andnumber ofsecurities	Person'svotes
Rand MiningNL.	Rand MiningNL.	Rand Mining NL	Beneficial Owner	9.200.227	19.18%

	The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantialholder in relation to voting interests in the company or scheme are as follows:
		Nature of association
	Name and ACN/ARSN (if applicable)
	Not Applicable
6. Addresses	The addresses of persons named in this form are:
	Name	Address
	Tribune Resources NL	Suite G1, 49 Melville Parade South Perth WA 6151
	Rand Mining NL	Suite G1, 49 Melville Parade South Perth WA 6151
Signature	3، ج 1 د د 1		capacity Director
	print name
	sign here		date 14	705	/ 04
		DIRECTIONS
	are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with thenames and addresses of members is clearly set out in paragraph 6 of the form.See the definition of "associate" in section 9 of the Corporations Act 2001.
(2)(3)	See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
(6)	Include details of:
(a)	any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies,a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details ofany contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme orarrangement; and
${b}$	any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal ofthe securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
	See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
	Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has,

15 July 2001

604

$\ddot{\phantom{a}}$

page 2/2

(8) If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of an option) write "unknown".

Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$