TIVAN LIMITED — Major Shareholding Notification 2003

Feb 11, 2003

HARDY*BOWEN LAWYERS

12 February 2003

Our Ref: MPB:20324

The Company Secretary Hallmark Consolidated Limited Level 3 30 Richardson Street WEST PERTH WA 6005

Fax: 9327-0901

Copy

Australian Stock Exchange Limited

Fax: 1300 300 021

Dear Sir

Corvo Enterprises Inc.

Enclosed on behalf of Corvo Enterprises Inc. is a Form 603.

Yours faithfully

Hardy Bowen

Enclosure

Level 1, 28 Ord Street, West Perth WA 6005 PO Box 1364, West Perth WA 6872 Tel: +61 8 9211 3600 Fax: +61 8 9211 3690 Email: mbowen@hardybowen.com

Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme Hallmark Consolidated Limited ACN/ARSN ACN 000 817 023 1. Details of substantial holder (1) Name Corvo Enterprises Inc ("CEI") ACN/ARSN (if applicable) 07/02/03 The holder became a substantial holder on 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 votes (5)	Vating power (6)
Fully paid Ordinary 1	3,203,3371	3,203,337	5.99%
Shares

3. Details of relevant interests

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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
CEI	'Holder of Shares	3,203,337 Fully paid
		Ordinary 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		Class and number of securities
CEI	See Annexure "A"	CEI	3,203,337
			FP Ord Share!

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-cashi
CEI	See Annexure "A"			Fully Paid
				Ord Shares .

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

----------- Name and ACN/ARSN (if applicable)	Nature of association ________
N/A	N/A 1999 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 - 2009 -

7. Addresses

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

Name	Address
CEI	C/- Gestina Trust Reg, 36-36 Unterm Schloss,
	Balzers Liechtenstein FL 9496

Signature

print name	M.P.BOWEN	otherman へのれつのり
		date
	---------------------------------------

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an $(1)$ equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
• $\overline{6}$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Include details of: m
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(4) applies, a copy of any document setting out (a) the terms of any relevant agreement, and a statement by the person 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
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or idsposal of the securities to (b) 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.

• $\left( 6 \right)$ 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".
• $(0)$ Details of the consideration must include any and all benefits, money 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 must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure "A"

This is Annexure "A" of 1 page referred to in the Form 603: Notice initial substantial holder given
by Corvo Enterprises Inc under section 671B of the Corporations Law.

		Signature of Director four of Atomy
	Dated: // February 2002

Details of present registered holders 4.

All of these shares were purchased on market and as such the registered holders are unknown.

Consideration 5.

Acquisition 06/12/02 52.500 09/02/02 478.509 510,000 13/12/02 20.000 18/12/02 570,882 20/12/02 100,000 23/12/02 25,000 24/12/02 62.500 27/12/02 50,000 30/12/02 120,000 31/12/02 06/01/03 302.000 141,100 29/01/03 04/02/03 166.674 248,000 07/02/03 356,172 07/02/03 3,203,337	Date of	No of Shares
			\$7 944.06
			\$72 314.68
			\$77 083.75
			\$3,025.00
			\$105,819.64
			\$17,587.50
			\$4,396.87
			\$11.494.69
			\$9,296.25
			\$22,210.50
			\$56.651.85
			\$25,534.99
			\$31.376.79
			\$48 611.80
			\$67,925.57
			\$561.273.94

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