SCIDEV LTD — Board/Management Information 2007

Dec 19, 2007

ABN 25 001 150 849

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

Phone: 02-9351-6741 Fax: 02-9351-7180 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

Companies Announcements Office 20 December 2007 Australian Securities Exchange Limited

New Managing Director Appointed to Intec Hellyer Metals Pty Ltd

Intec Ltd (ASX code: INL) is pleased to announce that Mr Brian Banister, an experienced operations manager and project manager, has been appointed Chief Operating Officer for the Intec Group, and Managing Director of Intec’s wholly-owned subsidiary, Intec Hellyer Metals Pty Ltd.

Mr Banister comes to Intec after more than 25 years of experience across a range of mining industry applications. These have included senior operational management roles focussed on the efficient startup and operation of new projects, engineering service delivery and management of large, multidisciplinary workforces.

As Managing Director for Intec Hellyer Metals, Mr Banister will be centrally responsible for the efficient design and implementation of the Hellyer Residues Project, which received Development Approval from the Tasmanian regulatory authorities last week. He will also be responsible for the continuing effective operation of Intec’s Demonstration Plant at Burnie, which is currently generating engineering data and product samples to progress the development of the Project.

With Intec’s principal operations being in Tasmania, Mr Banister’s responsibilities will extend to managing Intec’s relationships with its Hellyer Zinc Concentrate Project Joint Venture partner Polymetals (Hellyer) Pty Ltd, with regional miner and explorer Bass Metals Ltd (23.5% owned by Intec), with governmental authorities and with other Tasmanian mining industry participants.

Yours faithfully, Intec Ltd

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Philip R Wood Managing Director & Chief Executive Officer

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ASX code: INL

Background Notes

The Intec Hellyer Mill, the Hellyer tailings resource and the associated assets are 100% owned by Intec Ltd. The Mill was restarted as the Hellyer Zinc Concentrate Project in December 2006 in joint venture with Polymetals, one of Australia’s largest unlisted mining groups. Under the terms of this 50/50 joint venture agreement, Polymetals will operate the Intec Hellyer Mill for four years (expiring 1 December 2010) or until 6 million tonnes of tailings have been processed, whichever comes first. At the end of the agreement, Intec has the right to purchase Polymetals’ half share for A$1.

Intec Hellyer Metals Pty Ltd is also in the process of implementing at Hellyer the first commercial project utilising the Intec Process, a patented Australian hydrometallurgical technology for the recovery of base and precious metals from a range of different feedstocks. Scheduled for construction in 2008 and operation in 2009, the Hellyer Residues Project to recycle EAF dust (a zinc-bearing waste from steel recycling) will share the Hellyer site, offering a number of synergies between the two operations.