SCIDEV LTD — Director's Dealing 2005

Nov 17, 2005

Intec Ltd

ASX Code: INL 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

Telephone: +612-9351-6741 Facsimile: +612-9351-7180 Email: mail@intec.com.au Website: www.intec.com.au

18 November 2005

Companies Announcements Office Australian Stock Exchange Limited

Issue Under Employee Share Option Plan

Following the 2005 Annual General Meeting and approval by shareholders, and as part of the Company's planned incentivisation under Intec's Employee Option Plan, 3,462,725 options were granted to the five Directors who held office throughout the financial year ended 30 June 2005 and two former directors who held office during part of the financial year ended 30 June 2005 and continue to perform consulting services to the Company.

These comprised 318,419 options granted to the Company's Chairman Mr Richard H Jenkins, 1,014,590 options granted to the Company's Managing Director and Chief Executive Officer Mr Philip R Wood, 804,832 options granted to the Company's Technical Director Mr A John Moyes, 329,783 options granted to Non-executive Director Mr Ian W Ross and 335,535 options granted to Non-executive Director Mr Kenneth J Severs. Mr J Philip Evans (Non-executive Director, until his resignation on 1 April 2005, following which he continues to provide engineering consultancy services to the Hellyer Metals Project) was granted 329,783 options and Mr Gordon L Toll (Nonexecutive Director, until his resignation on 16 December 2004, following which he was an alternate director for Mr Ian Ross until 27 September 2005 and has now agreed to perform some consulting services in the coming 12 months) was granted 329,783 options.

The options are for a period of five years, expire on 24 February 2010 and the option exercise price is A\$0.069.

Under Intec's Employee Option Plan 1,726,631 options issued to a former employee have now expired following his resignation from the Company.

A copy of Appendix 3B as required by Listing Rule 3.10 is attached as well as Appendix 3Y Change of Directors' Interest Notices in respect of Mr Richard H Jenkins, Mr Philip R Wood, Mr A John Moyes, Mr Ian W Ross and Mr Kenneth J Severs.

Yours faithfully IntecLtd

Robert J Waring Company Secretary

Appen3bNov2005issueofoptions

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

Intec Ltd

ABN

$\overline{3}$

25 001 150 849

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf{I}$ ⁺Class of ⁺securities issued or to be issued

Unquoted employee options

$\overline{2}$ Number of ⁺securities issued or to be issued (if known) or maximum number which may be issued

Principal terms of the *securities

(eg, if options, exercise price and

expiry date; if partly paid

*securities, the amount outstanding and due dates for payment; if

conversion price and dates for

securities.

the

*convertible

conversion)

3,462,725 unquoted employee options

The options are to subscribe for ordinary shares at an exercise price of \$0.069, and are exercisable at any time until expiry on 24 February 2010.

4	Do the + securities rank equally in all respects from the date of allotment with an existing 'class of quoted *securities? If the additional securities do not	No. optionholder.	The securities (options) would rank equally with INL fully paid ordinary shares upon exercise by an
	rank equally, please state: the date from which they do the extent to which they ٠ participate the for next dividend, (in the case of a trust, distribution) interest OF payment
	the extent to which they do not ۰ rank equally, other than in relation to the next dividend, distribution or interest payment
5.	Issue price or consideration	exercise price is \$0.069.	The options are granted without charge and the option
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)		Grant of options to recognise the past performance of Directors in advancing the future success of INL. This issue is made under the Intec Employee Option Plan.
7	Dates of entering *securities into uncertificated holdings or despatch of certificates	18 November 2005
		Number	+ Class
8	Number class of and all securities quoted ASX on (including the securities in clause 2 if applicable)	431,925,979	Fully paid Ordinary Shares
		Number	+ Class
9.	Number *class οf and all "securities not quoted on ASX (including the securities in clause	6,645,097	16 July 2007 Options – exercise price \$0.24625
	2 if applicable)	4,189,196	26 November 2008 Options – exercise price \$0.10
		15,000,000	30 June 2008 Options – exercise price \$0.08
		1,275,000	30 June 2009 Options – exercise price \$0.49625
		8,672,144	24 February 2010 Options – exercise price \$0.069

$10$ Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Options granted will have no participation in dividends until they are exercised.

Part 2 - Bonus issue or pro rata issue

Ouestions 11 to 33

Questions 11 to 33 are not applicable

Part 3 - Ouotation of securities

You need only complete this section if you are applying for quotation of securities

Questions 34 to 42

Ouestions 34 to 42 are not applicable

Ouotation agreement

• $\mathbf{1}$ *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the *securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the "securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those *securities should not be granted *quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any $\pm$ securities to be quoted and that no-one has any right to return any $\pm$ securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the $+$ securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the "securities to be quoted, it has been provided at the time that we request that the "securities be quoted.
• If we are a trust, we warrant that no person has the right to return the "securities to be quoted under section 1019B of the Corporations Act at the time that we request that the *securities be quoted
• $\overline{3}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before "quotation of the "securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:	Robert J Waring	Date:	18 November 2005
	(Secretary)
Print name:	Robert J Waring
Appen3bNov2005issueofoptions

Appendix 3Y

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	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	Richard Harlow Jenkins
Date of last notice	2005 January 7 IJ

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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shareholder and director of Kizoz Pty Ltd: holder of Intee shares
Date of change	16 November 2005
No. of securities held prior to change	20,706,243 ordinary shares (Kizoz Pty Ltd as registered holder)
Class - where change occurred	Unquoted employee options
Number acquired	318,419 unquoted employee options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration – exercise price \$0.069, expiry 24 February 2010
No. of securities held after change	20,706,243 (Kizoz Pty Ltd as registered holder) 318,419 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 were granted following shareholder approval at the 2005 Annual General Meeting held on 16 November 2005.

⁺ See chapter 19 for defined terms.

Part $2$ – Change of director's interests in contracts – RH Jenkins

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

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	150 849 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	2005 ⊵ebruarv

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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held by PR Wood, wife and two children.
Date of change	16 November 2005
No. of securities held prior to change	613,714 shares (as registered holder) 617,362 shares (indirectly) 2,617,298 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	1,014,590 unquoted employee options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration – exercise price \$0.069, expiry 24 February 2010
No. of securities held after change	613,714 (as registered holder) $617,362$ (indirectly) 3,631,888 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 were granted following shareholder approval at the 2005 Annual General Meeting held on 16 November 2005.

⁺ See chapter 19 for defined terms.

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

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	150 849 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	Anthony John Moves
Date of last notice	-2004- December

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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held jointly with wife and indirectly through superannuation fund - refer below.
Date of change	17 November 2005
No. of securities held prior to change	84,000 shares as registered holder 480,000 shares jointly with Mrs Kay Moyes 840,578 shares indirectly through superannuation fund 2,510,286 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	804,832 unquoted employee options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration – exercise price \$0.069, expiry 24 February 2010
No. of securities held after change	84,000 shares as registered holder 480,000 shares jointly with Mrs Kay Moyes 840,578 shares indirectly through superannuation fund 3,315,118 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 were granted following shareholder approval at the 2005 Annual General Meeting held on 16 November 2005.

⁺ 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.

Appendix 3Y

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	150 849 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	Wargent Ross lan
Date of last notice	2004 December

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 inferest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant inferest.	Not Applicable
Date of change	16 November 2005
No. of securities held prior to change	172,464 as registered holder
Class - where change occurred	Unquoted employee options
Number acquired	329,783 unquoted employee options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration - exercise price \$0.069, expiry 24 February 2010
No. of securities held after change	172,464 as registered holder 329,783 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 were granted following shareholder approval at the 2005 Annual General Meeting held on 16 November 2005.

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts - IW Ross

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

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	150 849 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	Kenneth John Severs
Date of last notice	2004 December

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 inferest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held jointly with wife - refer below
Date of change	16 November 2005
No. of securities held prior to change	1,399,463 as registered holder of shares (held jointly with Maria Ramsden Severs) 435,475 unquoted employee options
Class - where change occurred	Unquoted employee options
Number acquired	335,535 unquoted employee options
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration – exercise price \$0.069, expiry 24 February 2010
No. of securities held after change	1,399,463 as registered holder (held jointly with Maria Ramsden Severs) 771,010 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 were granted following shareholder approval at the 2005 Annual General Meeting.

⁺ See chapter 19 for defined terms.

Part $2$ – Change of director's interests in contracts – $\mathbf{K}\mathbf{J}$ 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.