SCIDEV LTD — Director's Dealing 2003

Nov 26, 2003

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

27 November 2003

Companies Announcements Office Australian Stock Exchange Limited

Appendix 3Y Change of Directors' Interest Notices

Following the 2003 Annual General Meeting and approval by shareholders, and as part of the Company's planned incentivisation under the Intec's Employee Option Plan, 1,694,190 options were granted to the five Directors who held office throughout the financial year ended 30 June 2003. These comprised 140,302 options granted to the Company's Chairman Mr Kenneth J Severs, 570,263 options granted to the Company's Managing Director and Chief Executive Officer Mr Philip R Wood, 753,537 options granted to the Company's Technical Director Mr A John Moyes, 115,044 options granted to Non-executive Director Mr J Philip Evans and 115,044 options granted to Non-executive Director Mr Gordon L Toll. The options are for a period of five years, expire on 26 November 2008 and the option exercise price is A\$0.10.

Attached are Appendix 3Y Change of Directors' Interest Notices in respect of Mr Kenneth J Severs, Mr Philip R Wood, Mr A John Moyes, Mr J Philip Evans and Mr Gordon L Toll.

Yours faithfully Intec Ltd

Robert J Waring Company Secretary

Rule 3.19A.2

Change of 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	Intec Ltd
ABN	25 001 150 849

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Kenneth John Severs
Date of last notice	30 September 2003

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not Applicable
Date of change	26 November 2003
No. of securities held prior to change	1,326,999 as registered holder (held jointly with Maria Ramsden Severs) 295,173 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	140,302 options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options granted for no consideration with an exercise price is 10 cents and which expire on 26 November 2008
No. of securities held after change	1,326,999 as registered holder (held jointly with Maria Ramsden Severs) 435,475 unquoted employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options granted under the Intec Option Plan 26 November 2003 following AGM approval

⁺ See chapter 19 for defined terms.

Part 2 – Change of director's interests in contracts – KJ Severs

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.

Rule 3.19A.2

Change of 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	Ltd intec :
ABN	150849 25 001

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Philip Ronald Wood
Date of last notice	30 September 2003

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	26 November 2003
No. of securities held prior to change	541,250 (as registered holder) 74,172 (indirectly) 74,172 (indirectly) 171,000 (indirectly) 14,419 (indirectly) 2,047,035 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	570,263 options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options granted for no consideration with an exercise price is 10 cents and which expire on 26 November 2008
No. of securities held after change	541,250 (as registered holder) 74,172 (indirectly) 74,172 (indirectly) 171,000 (indirectly) 14,419 (indirectly) 2,617,298 unquoted employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options granted under the Intec Option Plan 26 November 2003 following AGM approval

⁺ See chapter 19 for defined terms.

Appendix 3Y

Part 2 – Change of director's interests in contracts – PR Wood

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.

Rule 3.19A.2

Change of 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	Intec Ltd
ABN	25 001 150 849

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony John Moyes
Date of last notice	30 September 2003

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not Applicable
Date of change	26 November 2003
No. of securities held prior to change	$564,000$ as registered holder $(480,000)$ of these jointly with Mrs Kay Moyes) 768,114 indirectly 1,756,749 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	753,537 options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options granted for no consideration with an exercise price is 10 cents and which expire on 26 November 2008
No. of securities held after change	564,000 as registered holder (480,000 of these jointly with Mrs Kay Moyes) 768,114 indirectly 2,510,286 unquoted employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options granted under the Intec Option Plan 26 November 2003 following AGM approval

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts - AJ Moyes

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.

Rule 3.19A.2

Change of 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	Ltd intec :
ABN	150849 25 001

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Joseph Philip Evans
Date of last notice	30 September 2003

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	26 November 2003
No. of securities held prior to change	3,600,000 (H.G. Engineering Ltd. as registered holder) and 1,100,000 through nominee company as registered holder 182,990 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	$115,044$ options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options granted for no consideration with an exercise price is 10 cents and which expire on 26 November 2008
No. of securities held after change	3,600,000 (H.G. Engineering Ltd. as registered holder) 1,100,000 through nominee company as registered holder 298,034 unquoted employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	- 26 Options granted under the Intec Option Plan November 2003 following AGM approval

⁺ See chapter 19 for defined terms.

Part 2 – Change of director's interests in contracts – JP Evans

Detail of contract	None
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.

Rule 3.19A.2

Change of 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	Intec Ltd
JABN	25 001 150 849

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Gordon Leonard Toll
Date of last notice	30 September 2003

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not Applicable
Date of change	26 November 2003
No. of securities held prior to change	See Note 1.
Class - where change occurred	Unquoted employee options
Number acquired	115,044 options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valustion	Options granted for no consideration with an exercise price is 10 cents and which expire on 26 November 2008
No. of securities held after change	See Note 1. 115,044 unquoted employee options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options granted under the Intec Option Plan 26 November 2003 following AGM approval

⁺ See chapter 19 for defined terms.

Part 2 – Change of director's interests in contracts – GL Toll

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.

Detail of contract	None
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation. to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

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.