TANAMI GOLD NL — Major Shareholding Notification 2003

Aug 19, 2003

Form 603

Corporations Act 2001

Section 671B
Notice of initial substantial shareholder

To:	Company Name/Scheme		PILBARA MINES LIMITED
ACN/ARSN			060 620 751
	1. Details of Substantial shareholder (1)
Name			TANAMI GOLD NL
ACN (if applicable)			000 617 176
The holder became a substantial holder on			18 August 2003
	2. Details of 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 on the date the substantial holder became a substantial holder are as follows:
Class of securities (4)			Number of Securities		Person's Voies (5)		Voting Power (6)
	Ordinary fully paid shares		12,340,000		12,340,000		13.0%
3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest (7) Class and number of securities
Tanami Gold NL			Share placement				12,340,000 ordinary fully paid shares
4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest			Registered holder of securities			Person entitled to be	registered as holder {8]		Class and number of securities
Tanami Gold NL		Tanami Gold NL			Tanami Gold NL			12,340,000 ordinary fully paid shares
5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:
Holder of relevant interest		Date of acquisition			Consideration (9)			Class and number of securities
						Cash	Non-cash
	Tanami Gold NL	18 August 2003				\$1,110,600			12,340,000 ordinary fully paid shares
ó. Assocíates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
			Name and ACN fif applicable)		Nature of association
7. Addresses The addresses of persons named in this form are as follows:
		Name			Address
		Tanami Gold NL				42 Churchill Avenue, SUBIACO WA 6008
Signature
	Print name	D P Waddell					Capacity	Director

Oun Wader

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Date

20 August 2003