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SANDFIRE RESOURCES LIMITED Capital/Financing Update 2004

Mar 1, 2004

Capital/Financing Update

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2 March 2004

Sandfire Resources NL was admitted to the Official List of Australian Stock Exchange Limited on Monday, 1 March 2004.

Official Quotation of the following securities will commence at 1pm E.D.S.T. on Thursday, 4 March 2004.

The following information is released as pre-quotation disclosure.

$1.$ Distribution schedule - Appendix 1A, paragraph 48.
Top 20 holders. $2.$
1. Number and escrow period of restricted securities.
Full terms and conditions of options granted to the issue manager $4.$ and sponsoring broker.
1. An updated pro-forma balance sheet
1. An updated statement of commitments.

Security Code: SFR

Anthony XValsh AssistantManager Companies