SCIDEV LTD — Board/Management Information 2008

Mar 30, 2008

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 31 March 2008 Australian Securities Exchange

Senior Executive Appointments

Intec Ltd (ASX code: INL) is pleased to advise that Mr David Clark has been appointed as the full time Financial Controller for Intec Ltd, and as Company Secretary for Intec’s five subsidiaries:

• Intec Copper Pty Ltd,

• Intec Hellyer Metals Pty Ltd,

• Intec Zeehan Residues Pty Ltd,

• Intec International Projects Pty Ltd, and

• Intec Exploration Pty Ltd.

Mr Clark is an experienced chartered accountant and tax agent who has held positions as Financial Controller, Director and Finance Director of various well-known public companies. He has also provided services and advice in his own private practice to a diverse range of public and private companies in primary industries, real estate and professional services.

Mr Grahame Clegg has resigned his part-time role as Financial Controller and Company Secretary for INL and its subsidiary companies. Intec extends its sincere appreciation for Grahame’s longstanding and highly-experienced consultancy tenure, however the increasing complexity and growth of Intec now requires a full-time directly employed executive in these roles.

Mr Clark, together with Mr Brian Banister (who took up his appointment in Tasmania as Managing Director of Intec Hellyer Metals Pty Ltd and Chief Operating Officer for the Intec Group in late February 2008) joined the Directors of Intec at their board meeting and at the Hellyer Zinc Concentrate Project Joint Venture Management Committee meeting last week at Hellyer, Tasmania.

The Directors and Senior Management of Intec were thus pleased to be able to observe first-hand another record week of production at the Intec Hellyer Mill, during which the joint venture produced 1,635 tonnes of bulk zinc/lead concentrate grading 48.5% Zn+Pb, with over 75% zinc recovery.

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ASX code: INL

The record production is substantially the result of continued dredging of high-grade zones in the Hellyer tailings dam (currently 3.5% Zn, expected to last through to July 2008), combined with the successful implementation of ongoing measures to optimise production from the Intec Hellyer Mill.

Yours faithfully, Intec Ltd Philip R Wood Managing Director & Chief Executive Officer

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.