SCIDEV LTD — Board/Management Information 2007

Feb 27, 2007

ABN 25 001 150 849

Superior and Sustainable Metals Production

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 Australian Stock Exchange

28 February 2007

New Intec Directors Appointed

Intec Ltd (ASX code: INL) advises shareholders that two new directors have today been appointed to the INL Board.

Trevor A. Jones (Non-Executive Director)

B. Comm. (Melb)

Mr Jones has spent over 30 years working in the finance industry in Australia, United Kingdom and the USA. During this time he has held senior executive positions in investment funds management, stockbroking and corporate finance, and gained a broad experience of capital structuring and capital raising, particularly in the mining sector.

Mr Jones was manager of equity portfolios for Shell Australia and National Employers Mutual in the United Kingdom. He was a director of County NatWest Securities Australia Limited for 9 years acting as a senior equity sales representative in London and as co-head of equity capital markets in Australia. For 3 years he was Director of Corporate Finance with Westpac Institutional Bank where he was instrumental in the establishment of Westpac Stockbroking Services and in providing equity capital advice to the bank's corporate customers of the bank. More recently Mr. Jones was the Sydney Chief Executive for Melbourne-based Austock Group and was Chairman of both its Corporate Finance and Investment Management divisions.

Since retiring recently from full time involvement in the investment banking industry Mr. Jones has personally assisted with the successful financing of a number of mining projects, both in Australia and overseas.

Kieran G. Rodgers (Finance Director and Chief Financial Officer):

B.E. (Hons.) Min. (UNSW), MBA (IMD)

Mr Rodgers joined Intec in March 2001 after 13 years of experience in merchant banking and financial consulting, principally at Resource Finance Corporation Ltd, which specifically focussed on the Australian

and international resources industry. He has had extensive experience in the areas of asset valuation and project evaluation, acquisition and divestment, equity and debt raisings and the identification and implementation of growth initiatives for resource companies and their assets. During this period Mr Rodgers took leave to complete his Masters of Business Administration at IMD in Lausanne, Switzerland, one of the world's foremost business schools.

Prior to entering the merchant banking sector, Mr Rodgers gained three years of operational mining engineering experience in the gold and base metals industries, including at the Cobar copper mine. Mr Rodgers is responsible for the finance and business development functions of the Intec Group. He became a Director of Intec Copper Pty Ltd in October 2001, Managing Director of Intec Hellyer Metals Pty Ltd in March 2004 and is Intec's nominated Director on the board of Bass Metals Ltd.

Yours faithfully, Intec Ltd

Philip R. Wood

Philip R Wood Managing Director & Chief Executive Officer