SCIDEV LTD — Major Shareholding Notification 2003

Sep 17, 2003

To: ASX		From:	Nigel Jones
Company:		Pages:	3 (including cover)
Fax:	1300 300 021	Date:	18 September 2003

To Whom It May Concern,

RE: CHANGE IN SUBSTANTIAL SHAREHOLDERS

Please find following Form 604 (Notice of change of interest of substantial holder). If you require further information please call me on 9247 2900.

Regards,

Nigel Jones

page 1/2 15 July 2001 604

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

Io. Company Name/Scheme	INTEC LTD . .
ACN/ARSN	001 150 849

1. Details of substantial holder(1)

Name	EXCEL MINING LTD
ACN/ARSN (if applicable)	002 018 699 ____ __	--	-----------	.
			___

There was a change in the interests of the substantial holder on	17/09/03
The previous notice was given to the company on	02/05/02
The previous notice was dated	02 /05 / 02

2. Pravious and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	----	Prosent natice	.
__	Person's votes	Vating power (5)	---- Person's votes	--- Voting power (5)
ORD ᅲ	15292852	10 St	12633752	B.7%
-----		----	__	THEFT

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest chanoed	Nature of change (6)	Consideration given in rotation to change (7)	Class and number of securities affected	Person's votes affected
17/9/03	EXCEL MINING	BALE	149,125	ORD	2659100
				2659100

4. Present retevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Halder of relevant interest	Registered holder of securities	Parson entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities.	Person's votes
EXCEL	EXCEL MINING .	EXCEL MINING	BENEFICIAL	ORD	12633752
MINING	----			12633752

604 page 2/2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of parsons named in this form are as follows:

Name	Address
EXCEL . MINING LTD			(LEVEL 9, 1 YORK STREET SYDNEY NSW 2000

Signature

print name NIGEL JONES		Capacity SECRETARY
sign here	V	dato	19/	9.	/2003
	DIRECTIONS

If there are a number of substantial holders with similar or rolated relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an $[1]$ equity to style names could be inducted in an amexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to thoughout the form as a specifically named group if the mambership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the

• See the definition of "associato" in section 9 of the Corporations Act 2001. Ø,
• $\boldsymbol{\omega}$ See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001.
• $(0)$ The voting shares of a company constitute one class unless divided into separate classes,
• $(5)$ The person's votes divided by the total votes in the body corporate or schemo multiplied by 100.
• $|6\rangle$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any (a) document setting out the terms of any relevant agreement, and a statement by the porson giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• $\phi$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• $\boldsymbol{\theta}$ Details of the consideration must include any and all benefits, monoy and other, that any person from whom a relevant interest was acquired has, or may, become
  entitled to receive in relation to that acquisition. Details m included of any benefit paid on behalf of the substantial holder or us associate in relation to the scouls lichos, even if they are not paid directly to the person from whom the relevant interest was acquired.
• œ If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write "unknown".
• $\left( 9\right)$ Give details, if approoriate, of the present association and any change in that association since the last substantial holding notice.