SCIDEV LTD — Director's Dealing 2003

Sep 29, 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

30 September 2003

Companies Announcements Office Australian Stock Exchange Limited

Appendix 3Y Directors' notices and change in exercise price of options

Following the closure of Intec's Entitlements Issue and allotment of new shares on 23 September 2003, attached are Appendix 3Y Directors' Notices in respect of Mr Kenneth J Severs (Nonexecutive Chairman), Mr Philip R Wood (Managing Director and Chief Executive Officer), Mr A John Moyes (Technical Director) and Mr J Philip Evans (Non-executive Director).

Additionally, in accordance with ASX listing Rule 3.11.2 the Company advises that, pursuant to the formula contained in ASX listing Rule 6.22.2 and the terms of the Intec Option Plan, the exercise price of the Company's 1,275,000 \$0.50 cent options has reduced to \$0.49625 and the exercise price of the Company's 7,301,956 \$0.25 cent options has reduced to \$0.24625. This change has arisen as a result of the three for five pro rata Entitlements Issue to the holders of ordinary shares which closed on 11 September 2003.

Yours faithfully IntecLtd

Robert J Waring Company Secretary

Appendix 3Y

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	3 May 2002

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

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.

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not Applicable
Date of change	23 September 2003
No. of securities held prior to change	829,374 as registered holder (held jointly with Maria Ramsden Severs) 295,173 unquoted employee options
Class - where change occurred	Fully paid quoted ordinary shares
Number acquired	497,625 Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	3 cents per Share
No. of securities held after change	1,326,999 as registered holder (held jointly with Maria Ramsden Severs) 295,173 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	Entitlements to new Shares taken up m Entitlements Issue - Shares allotted 23 September 2003

⁺ See chapter 19 for defined terms.

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

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

$+$ 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	3 May 2002.

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

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.

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Morgan Elizabeth Wood Philip Christopher Wood Amanda Morgan Wiedenmayer Wood Philip Boyd Wood
Date of change	23 September 2003
No. of securities held prior to change	305,406 (as registered holder) 46,357 (indirectly) 46,357 (indirectly) $171,000$ (indirectly) 14,419 (indirectly) 2,047,035 unquoted employee options
Class - where change occurred	Fully paid quoted ordinary shares
Number acquired	235,844 (as registered holder) 27,815 (indirectly) 27,815 (indirectly)
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	3 cents per Share
No. of securities held after change	541,250 (as registered holder) 74,172 (indirectly) 74,172 (indirectly) 171,000 (indirectly) 14,419 (indirectly) 2,047,035 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	Entitlements to new Shares taken up in Entitlements Issue - Share allotted 23 September 2003

⁺ See chapter 19 for defined terms.

Appendix 3Y

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

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

$+$ See chapter 19 for defined terms.

Appendix 3Y

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	14 July 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

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.

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not Applicable
Date of change	23 September 2003
No. of securities held prior to change	352,500 as registered holder 480,071 indirectly 1,756,749 unquoted employee options
Class - where change occurred	Fully paid quoted ordinary shares
Number acquired	499,543 new Shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	3 cents per Share
No. of securities held after change	$564,000$ as registered holder $(480,000)$ of these jointly with Mrs Kay Moyes) 768,114 indirectly 1,756,749 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	Entitlements to new Shares taken up in Entitlements Issue – Shares allotted 23 September 2003

⁺ See chapter 19 for defined terms.

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

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

$+$ 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	3 May 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

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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	J Philip Evans is President of H.G. Engineering Ltd. (registered holder) WHI Securities Pty Ltd is the registered holder in Shares held for J Philip Evans
Date of change	H.G. Engineering Ltd. $-23$ September 2003 WHI Securities Pty $Ltd - 11$ September 2003
No. of securities held prior to change	2,250,000 Shares (indirectly - HG Engineering Ltd. as registered holder) 182,990 unquoted employee options
Class-where change occurred	Fully paid quoted ordinary shares
Number acquired	1,350,000 (H.G. Engineering Ltd, as registered holder) 1,000,000 (WHI Securities Pty Ltd as registered holder for J Philip Evans)
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	3 cents per Share under Entitlements Issue 4 cents per Share purchased on market
No. of securities held after change	3,600,000 (H.G. Engineering Ltd, as registered holder) 1,000,000 (WHI Securities Pty Ltd as registered holder 182,990 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	Entitlements to new Shares taken up in Entitlements Issue – Shares allotted 23 September 2003 and on market purchase

⁺ See chapter 19 for defined terms.

Appendix 3Y

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

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

$+$ See chapter 19 for defined terms.