SAVANNAH GOLDFIELDS LIMITED — Capital/Financing Update 2004

Sep 30, 2004

RENISON CONSOLIDATED MINES NL

ACN 003 049 714

Mail Address GPO Box 5268 Brisbane Old 4001 Level 5, Santos House 60 Edward Street Brisbane Old 4000

Phone: (07) 3303 0630 Fax: (07) 3303 0601 Email: admin@rcm.com.au

ASX ANNOUNCEMENT - 1 October 2004

CONVERTIBLE NOTE INTEREST PAYMENT

Renison Consolidated Mines NL advises that in relation to the Company's Convertible Notes (ASX code RSNG) that the interest payment date and rate applicable to the notes for the period from 1 April 2004 to 30 September 2004 is as follows:

Interest payment date - 7 October

Interest payment per note - \$0.05157 (five point one five seven cents).

For and on behalf of the Board of Directors

JPK Marshall Company Secretary

For further information contact: Paul Marshall Phone: (07) 3303 0630 $(07)$ 3303 0601 Fax: E-Mail: admin@rcm.com.au Website: www.rcm.com.au