SCIDEV LTD — Investor Presentation 2007

Feb 6, 2007

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

7 February 2007

Companies Announcement Office Australian Stock Exchange Limited

Dear Sir

Presentation: Australia's Newest Zinc Producer

Attached is a presentation to be given today by Philip Wood, Managing Director & Chief Executive Officer, at the $4^th$ Australian Zinc Briefing Conference. Mr Wood is also Chairman of the Conference program today.

The presentation will also be posted on Intec Ltd's website: www.intec.com.au.

Yours faithfully Intec Ltd

amos

Robert J Waring Company Secretary

	Intec Group
Shares:	555.45 million
Options (weighted average exercise
price of 12ct):	92.81 million
• Market Capitalisation ( $\omega$ 19.5 cts):	A\$108 million
$\blacksquare$ MBL working capital facility:	A\$4.5 million
Bass Metals Ltd:	$18.4\%$ interest
Major INL shareholders: J.
Ivanhoe Mines:	7.3%
Macquarie Bank:	1.4%
Alliance Resources:	1.3%
3.734 shareholders $\blacksquare$

Hellyer Tailings Resource - 11Mt
Element	Grade	Quantity	In-situ US\$m *	% of metal value
Zinc	2.8%	305,000t	943.	36%
- Lead	$3.0\%$	330,000t	546	21%
Silver	88 g/t	30,850,000 ozs	421	16%
$\mathbf{G}$ uld	$2.6 \frac{g}{t}$	910,000 ozs	588	23%
Copper	0.16%	17,400t	93	$4\%$
Hotal			\$2,591	100%
		* US\$ metal prices at 2 February 2007

Financial Projections for HZCP 'Base Case' 50% JV interest $\omega$ 1.5Mtpa Key financial drivers: - zinc price
- concentrate treatment charge
Zinc Price US\$/lb 0.90. 1.50	1.90
US\$/A\$ 0.74 0.75 0.77
脱し トラル・ファイ
Revenue* ASm 54.5 34.5 67.0
Operating * Costs A\$m 25.0 30.0 30.5
	36.5