SCIDEV LTD — Board/Management Information 2004

Dec 16, 2004

Intec Ltd

Superior and Sustainable Metals Production

Gordon Chiu Building J01 Department of Chemical Engineering Maze Crescent University of Sydney NSW 2006 Australia

Telephone: +612-9351-6741 Facsimile: +612-9351-7180 Email: mail@intec.com.au Website: www.intec.com.au

17 December 2004

Companies Announcements Office Australian Stock Exchange Limited

Director Resignation / Appointment as Alternate Director

The Board of Directors of Intec Ltd advises that Mr Gordon Toll has resigned as a Non-executive Director of the Company in order to focus on other business commitments.

However. Mr Toll will retain an ongoing involvement with Intec through his appointment as an Alternate Director to Mr Ian Ross and, separately, as a Deputy Chairman and Director of Ivanhoe Mines Ltd., which will hold approximately 12.8% of Intec's issued shares after completion of the Company's current capital raising.

The Intec Board wishes to express its appreciation to Mr Toll for his significant contribution during the past three years. In particular, the Intec Board notes his assistance in the development of the Intec Gold Process and his involvement in the funding of both Intec and the Intec Gold Process pilot plant through his executive role with Ivanhoe Mines Ltd. The Intec Board appreciates his willingness to maintain an on-going role with the Company.

An Appendix 3Z Notice is attached.

Yours faithfully Intec Ltd

Philip R. Wood

Philip R Wood Managing Director & Chief Executive Officer

Appendix 3Z

Rule 3.19A.3

Final Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public. Introduced 30/9/2001.

Name of entity	Intee Ltd
JABN	25 001 150 849

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Gordon Leonard Toll
l Date of last notice	27 November 2003
Date that director ceased to be director	16 December 2004

Part 1 – Director's relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

115,044 Unquoted employee options

⁺ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part. In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest	Number & class of securities
Note 1

Part 3 – Director's interests in contracts

Detail of contract	None
Nature of interest
Name of registered holder
(if issued securities)
No, and class of securities to
which interest relates

Note 1: Gordon L Toll is a director of Ivanhoe Mines Ltd. (IVN), a substantial shareholder in Intec Ltd, which holds 54,141,586 fully paid ordinary shares.

⁺ See chapter 19 for defined terms.