SAVANNAH GOLDFIELDS LIMITED — Major Shareholding Notification 2005

Apr 10, 2005

Form 603

Corporations Act 2001 Section 6718

Notice of initial substantial holder

To Company Name/Scheine	RENISON CONSOLIDATED MINES LTD
ACN/ARSN	003 049 714
1. Details of substantial holder (1) Name	CMG CAPITAL PTY LTD
ACN/ARSN (if applicable)	112 693 268

08/04/2005 The holder became a substantial holder on

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4).	Number of securities	Person's votes (5)	Voting power (6)
FULLY PAID ORD(FPO)	16,282,286	16,282,286	5.82%
PARTLY PAID ORD (PPG) .	7,354,777	1,323,860	.48%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting secunties on the date the substantial holder became a substantial holder are as follows:

. Holder of refevant interest	Nature of relevant interest (7)	. Class and number of securities
CMG CAPITAL PTY LTD .	UNDER S.608 $(1)$ $(a)$ , $(b)$ $k(c)$ FPO 16, 282, 286
CMG CAPITAL PTY LTD --------------------------------------	UNDER S.608(1)(a),(b) $\&c$ ) PPO 7,354,777

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Recistered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
	CMG CAPITAL PTY LTDICMG CAPITAL PTY LTD	OMG CAPITAL PTY LTD	SEE 3 AROVE

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition Consideration (9)			Class and number of securities.
			inn Loci
	CMG CAPITAL PTY LTD $8/12/04$ TO $8/4/05$	.10.5c to	312c	FPO
	CMG CAPITAL PTY LTD [8/12/04 TO 8/4/05	2.5c to	12.7c	PPO

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

11111111111111111111111111111111111111 Name and ACN/ARSN (if applicable) --------------------------------------	. ----------- Nature of association _________ -----
APPLICABLE NOT. 3.

7. Addresses

The addresses of persons named in this form are as follows:

Name	______ --------------------------------------- Address _____
DTV I CMG. CAPITAL _________	PROFESSIONAL CHAMBERS, 120 COLLINS SI LEVEL
	VIC, 3000 :LBOURNE.

Signature

	print name JASON DIXON		Capacity AUTHORISED OFFICER
sign here	$\cdots$ $\overline{\phantom{a}}$ Andrews Communisty	date	08/04/2005

DIRECTIONS

• $\left(\begin{matrix} 1\ 1\end{matrix}\right)$ If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the refevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ 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.
• $\langle \hat{\mathbf{5}} \rangle$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $(6)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(7)$ include details of:
• 勧 any relevant agreement or other circumstances by which the relevant interest was acquired. 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 of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• 仙 any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the refevant 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.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
• $\left( 9\right)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be
  included of any benefit paid on behalf of the subst the relevant interest was acquired.