ZEOTECH LIMITED — Interim / Quarterly Report 2013

Oct 29, 2013

For the three months ending 30 September 2013

Summary & Highlights for the September Quarter 2013

Laconia Resources Ltd

ASX Code: LCR, LCROA ABN: 29 137 984 297 www.laconia.com.au

Capital Structure 366.3 million shares 186.8 million listed options 20.5 million unlisted options

• Data room initiated following unsolicited approaches from major copper resource companies

• Technical data supports intact high sulphidation system with high copper porphyry potential

• Focus on Española 1 Prospect and Southern Vent copper zones

Community Agreements progressed at the Rasuhuilca Project

• Access, Exploration and Infrastructure agreement reached with Huacana Community

• Land access agreements progressing positively with the remaining community group

Board of Directors

Matthew Howison Chairman

Ian Stuart Managing Director

Dr Saliba Sassine Non-Executive Director

Vincent Algar Non-Executive Director

Company Secretary

Matthew Edmondson

• Agreement demonstrates Laconia’s successful community relations strategy and engagement with community groups

Corporate

• Entitlement Rights Issue Shortfall completed fully subscribed

• A non-refundable deposit of $100,000 cash received for a six month exclusive option to acquire the Lennons Find Project

Planned Activities for December 2013 Quarter

• Completion of remaining Community Agreement on Rasuhuilca and Option licences to allow the commencement of drilling

• Completion and lodgement of DIA with Ministry of Mines and Energy, Peru

• Data compilation and validation from the Huaco Cucho Project

• Channel sampling of underground adits

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

Rasuhuilca Copper-Gold-Silver Project, Southern Peru (100% Laconia)

Technical data supports copper porphyry potential

During the quarter Laconia’s ongoing systematic review of historical sample and drill data as well as interpretation of recently acquired ‘state of the art’ satellite alteration data points to a fully intact high sulphidation copper-gold-silver system with strong potential for an underlying mineralised copper porphyry system or associated deposits.

High grade copper has been identified in underground adits at Fortuna[1] and Española 1[2] prospects. There is approximately 5km of underground development and adits within the Rasuhuilca Project. Geological modeling of the available data points to a strong correlation of the copper anomalism with the large scale Huaco Fault, along which the northern and southern volcanic vent areas are located (Figure 2). Future priority exploration following all necessary drilling and community approvals will focus on the copper porphyry and high grade gold-copper skarn (El Indio) potential of the entire system as represented in Figure 2.

The El Indio deposit is considered as a ‘classic’ high sulphidation epithermal copper-gold-silver deposit. El Indio produced 4.5 Moz of gold, 25 Moz of silver and 472kt of copper produced form 16.8Mt of ore over 23 years of production[3] .

Laconia has secured access to the entire Ccarhuaraso Epithermal System through its 100% interest in the Rasuhuilca Project and its indirect interest in the Huaco Cucho tenements (seven year option to earn up to 80%)[4] .

Laconia’s priority initial drilling programme has been designed to test these copper targets once all necessary drilling and community approvals have been obtained.

Copper – Intrinsic Modelling Long Section

The two long sections represented in Figure 1, cut approximately north-to-south along the Huaco Fault, demonstrate the distribution of gold-silver (top) compared to copper (shown in addition to gold-silver on the bottom).

The copper has a greater spatial area at lower elevations, possibly reflecting a transition to a lower level of mineralised porphyry system.

1 Refer ASX Release 9 April 2013

2 Refer ASX Release 27 February 2013

3 Refer Barrick presentation October 2008 – Spatial and Temporal Zonation at the El Indio Cu-Au-Ag deposit, Chile

4 Refer ASX Release 26 March 2013

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

About the Rasuhuilca Project

The Project currently has an Inferred Mineral Resource estimate of; 360,000t @ 1.97g/t gold and 179g/t silver (at a 2.5g/t gold-equivalent cut-off)[5] . Note: [All cut-offs based on an Xg/t Au Eq are conceptual in nature only[6] . There has been insufficient metallurgical testwork to date to determine eventual metallurgical recoveries and it is uncertain that the conceptual cut-offs used will be appropriate following further metallurgical testwork.]

The Rasuhuilca Project is located approximately 500km southeast of the Peruvian capital, Lima, in the southern part of the country (see Figure 3). It is an advanced, high-grade copper, gold and silver project with near-term development potential and significant exploration upside potential. The Company’s strategy is to utilise the potential revenues from the project once in production to fund further exploration, and increase the current resource base.

This Mineral Resource statement is based on historical data and classified as Inferred Mineral Resource as there was a lack of independent QA/QC data available at the time of resource estimation. Independent sampling has since been completed by Laconia[7] to confirm the tenor of the historic data. The Company plans to review the resource (category and size) so it can confidently be used as the basis for mine planning activities, with an internal review of a feasibility study completed by previous owners (2008).

Work Completed at the Rasuhuilca Project during the September Quarter 2013

• Continuing consultation with community groups

• Access and infrastructure agreement signed with Huacana community

• Expansion of the exploration model and scoping of exploration works to test for a porphyry copper-gold system

Rasuhuilca Project – Further Exploration Potential

The Rasuhuilca Project is situated on the collapsed rim of the Rasuhuilca strato-volcano within a highly visible zone of secondary potassic alteration. Laconia aims to target the following mineralisation styles:

• The network of outcropping gold-silver veins in lower temperature acidic outflow zones (silicaalunite-sulphide alteration);

• Large-scale, sub-horizontal disseminated gold-silver mineralisation within outflow zones;

• High-grade bonanza gold veins beneath the acidic outflow zones;

5 Refer ASX Release 25 January 2012

6 Gold Equivalent Calculation

Gold equivalent (Au Eq) calculation represents the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent Gold grade. These results are taken from the Rasuhuilca zone JORC Code Inferred Resource and no allowance is made for metallurgical recoveries. No definitive metallurgical test work has been conducted on the project at this stage of its development, however, it is the Company’s opinion that the elements expressed here have a reasonable potential to be recovered as evidenced in similar deposit styles in Peru. Gold Equivalent conversion factors and long term price assumptions used are as follows: Gold Equivalent Formula = Au ppm + (25/1350) x Ag ppm Price Assumptions: Au(US$1,350/oz), Ag(US$25/oz)

7 Refer ASX Release 4 July 2012.

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

• Copper-gold mineralisation within buried intrusive stocks, or gold-silver-zinc mineralisation in skarns surrounding buried intrusive stocks.

==> picture [465 x 213] intentionally omitted <==

==> picture [465 x 214] intentionally omitted <==

Figure 1: The two long sections, cut approximately north-to-south along the Huaco Fault, demonstrate the distribution of gold-silver (top) compared to copper (shown in addition to gold-silver on the bottom). The copper has a greater spatial area at lower elevations, possibly reflecting a transition to a lower level of mineralised porphyry system.

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

==> picture [461 x 595] intentionally omitted <==

Figure 2: Identified copper zones and priority copper drilling targets

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

Virtual Data Room

Since the acquisition of the Rasuhuilca Project, Laconia has compiled a database that contains greater than 3,000 channel samples from approximately 5km of underground development and adits, and more than 40 diamond drill holes, plus associated survey and assay data. Increasingly, Laconia’s systematic review of data has highlighted the copper potential of the Rasuhuilca Project area in addition to the existing gold-silver epithermal vein systems that are extensively developed at the Rasuhuilca Project.

With the benefit of up to date technology and processes, Laconia is the first worker to systematically collate all available information and construct three-dimensional models of mineralisation which support the views of previous workers, who likened the style and nature of the mineralisation at the Ccarhuarazo Epithermal System to the high grade El Indio deposit in northern Chile.

Following a number of unsolicited approaches from major copper focused resource companies looking for advanced copper exploration properties, Laconia has established a Virtual Data Room allowing companies to access technical data under relevant confidentiality agreements. A number of companies that have executed a confidentiality agreement have commenced viewing the data.

Community Agreement Progress

During the quarter Laconia reached an agreement for rights to access, exploration and infrastructure on land within the Huacana community, Peru[8] . The Huacana community is one of three community groups within the immediate area of impact of the Rasuhuilca Project.

This follows a recent agreement Laconia has reached with the Yanama community[9] . Laconia has now reached agreement with two communities and is advanced in concluding negotiations with the remaining community group.

The agreement is yet another positive step toward obtaining social licence over the entire Rasuhuilca Project area required for government drilling permitting. The Agreement shows strong support for Laconia and its advanced Rasuhuilca copper-gold-silver Project and reflects the transparency, respect and confidence Laconia is building with relevant community groups and stakeholders with whom we are working. The agreement puts the Project on a solid path for further exploration with predictable social license costs and commitments.

Support from the Central and Provincial governments continues to assist Laconia in the objectives identified in gaining social license with the Ministry of Mines and Energy. The National Water Authority and Ministry of Presidential Advisors – National Office of Dialog and Sustainability are also contributing with tangible community projects and assistance.

8 Refer ASX Release 17 October 2013

9 Refer ASX Release 1 July 2013

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

==> picture [456 x 560] intentionally omitted <==

Figure 3: Rasuhuilca Project location map.

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

Divestment of Lennons Find Project – Precious and Base Metals, East Pilbara WA

(95% Laconia) M45/368 (95%), E45/3293 (100%)

During the quarter Laconia received a non-refundable deposit of $100,000 cash from Musketeer Minerals Pty Ltd (“MKM”) pursuant to the six month exclusive option agreement executed in June 2013 for MKM to acquire the Lennons Find Project10. In addition to receiving the deposit, within 7 days of MKM or the Shell company listing on the ASX or MKM or the Shell company completing a capital raising of $2 million (by way of equity, debt or combination):

• Laconia will be issued a 10% equity stake (fully paid ordinary shares) in either MKM or the Shell Company (at Laconia’s election).

• Laconia will receive $400,000 cash from either MKM or the Shell Company; and

• LCR may nominate a Board member to be appointed as a Non-Executive Director on MKM’s Board or on the Board of the Shell Company (at Laconia’s election).

The transaction is subject to all regulatory approvals including any necessary shareholder approvals.

The Lennons Find Project covers 116km2 of Archaean terrain and is located approximately 40km from Marble Bar on the southern edge of the Mt Edgar Granitoid Complex, in the East Pilbara region of Western Australia. The Project is located on a granted mining lease and includes the Yandicoogina exploration licence E45/3293. Outcropping gossanous veins with elevated base metals grades are present in the project area and occur at a consistent horizon along a 16.5km strike length of the Duffer Formation.

Australian Exploration Activities

701 Mile Project – Precious and Base Metals, Northern Gascoyne, WA

(E52/2688 80% mineral rights excluding manganese and iron and 70% manganese and iron rights; E52/2664 100% mineral rights including manganese and iron)

No work was completed this quarter. E52/2232 was surrendered during the quarter. Subsequent to Quarter end, E52/2664 was surrendered.

Mooletar Iron Ore Project, Mount Magnet, WA

(100% Laconia)

E58/391, M58/110, P58/1385-1388, P58/1408-1411, P58/1495, P58/1499.

No work competed this quarter. Subsequent to quarter end, P58/1385-1388 were surrendered.

10 Refer ASX Release 20 June 2013

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

Goldsworthy Project – Base Metals, Pilbara, WA

(100% Laconia) E45/3904

Independence Group NL (IGO) is currently managing exploration as part of an earn-in joint venture with Laconia.

Independence Group has been granted exclusive rights to explore for all minerals for a two year period from May 10 2013 and may earn a 51% interest in the project by spending $150,000 (including a cash component of $10,000 already paid to Laconia). IGO may elect to earn an additional 29% of the Project by expenditure of an additional $300,000 within this period.

IGO agrees to free carry Laconia until it has elected to earn its 80% interest. Laconia can elect to contribute expenditure in the joint venture in proportion to its 20% interest or dilute under industry standards dilution formulas. If Laconia dilutes below a 5% interest Laconia’s interest will convert to a 1% net smelter royalty.

Corporate

Entitlement Issue Shortfall and Option issue completed.

As previously reported during the quarter, Laconia undertook an entitlement issue of (1) share (New Share) at an issue price of 1 cent per New Share for every three (3) shares held on the 19 June 2013, together with one (1) free attaching option exercisable at $0.06 each on or before 30 September 2018 for every one (1) New Share subscribed for and issued (New Option) (Entitlement Offer), to raise a maximum of $915,852. The prospectus provided for the issue of also offered 45,792,649 options (Placement Options) exercisable at $0.06 each on or before 30 September 2018 at an issue price of $0.001 per Placement Option.

During the quarter Company completed the shortfall comprising 59,091,930 New Shares and New Options. The Company previously announced on 9 July 2013, it had received valid applications for 32,493,270 New Shares and New Options. In addition the Company also announces the issue of 45,792,649 Placement Options.

Board Continues Review of Operations

As an integral part of the Company’s ongoing operations review, the Board has continued to reduce its current cost structures and expenditure commitments where possible.

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

Outlook for December 2013 Quarter

Rasuhuilca Project

• Ongoing community consultation and approval process required for drilling approvals

• Ongoing collation of historical project exploration data and target generation on 11 new option leases for gold, silver and copper.

Western Australian Projects

• Continuing review of expenditure commitments and tenement rationalisation.

ENDS

For further information on Laconia Resources Limited please contact:

Ian Stuart

Managing Director

Laconia Resources Limited

P: +61 8 9486 1599

E: istuart@laconia.com.au

or visit our website at www.laconia.com.au

==> picture [596 x 64] intentionally omitted <==

Laconia Resources Ltd – September 2013 Quarterly Report

==> picture [596 x 38] intentionally omitted <==

About Laconia Resources Limited

ASX Listed Laconia Resources Limited (ASX: LCR) is a Perth-based precious and base metals exploration and development Company with a Latin American focus. The Company’s flagship Rasuhuilca Project in Peru is an advanced copper-gold-silver project in the Ayacucho region of Southern Peru, across 4 permits covering 27.65 km[2] . In addition, the Company has gained access to a further 11 contiguous permits covering 56.22 km[2 ] through an Option Agreement where it can earn an 80% indirect interest. The total area of 83.87 km[2] hosts the entire Ccarhuaraso volcanic system that is proven to host high sulphidation epithermal copper gold and silver.

In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara regions, across 12 granted tenements covering an approximate 244 km[2] .

Competent Person Statements

The information in this report that relates solely to the Rasuhuilca Mineral Resource is based on, and fairly represents, information and supporting documentation prepared by Mr Michael Andrew, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Andrew is a Principal of Optiro Pty Ltd and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity currently being undertaken to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Andrew consents to the inclusion in this presentation the matters based on his information in the form and context in which it appears.

The information in this report that relates to Exploration Results at Española 1 and Fortuna Prospects is extracted from reports titled “High-Grade Copper identified at Rasuhuilca Project, Peru” lodged with ASX on 27 February 2013 and “High-Grade Copper Results Highlight Rapidly Growing Potential of Copper-Gold-Silver Project, Peru” lodged with ASX on 9 April 2013. Both reports were based upon information compiled by Mr Vincent Algar, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Algar is a Non-Executive Director and consultant for Laconia Resources Limited. Mr Algar has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Algar consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

==> picture [596 x 64] intentionally omitted <==

Appendix 5B Mining exploration entity quarterly report

Rule 5.3

Appendix 5B

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Name of entity

LACONIA RESOURCES LIMITED

ABN 29 137 984 297	Quarter ended (“current quarter”)
29 137 984 297	30 September 2013

Consolidated statement of cash flows

Cash flows related to operating activities 1.1 Receipts from product sales and related debtors 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Other (GST) Net Operating Cash Flows	Current quarter $A’000	Year to date (3 months) $A’000
	(198) ‐ ‐ (358) ‐ 2 ‐ ‐ (24)	(198) ‐ ‐ (358) ‐ 2 ‐ ‐ (24)
	(578)	(578)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)	‐ ‐ ‐ 100 8 ‐ ‐ ‐ ‐	‐ ‐ ‐ 100 8 ‐ ‐ ‐ ‐
	108	108
	(470)	(470)

• See chapter 19 for defined terms.

Appendix 5B Page 1

30/9/2001

Appendix 5B Mining exploration entity quarterly report

Appendix 5B Mining exploration entity quarterly report
1.13 Total operating and investing cash flows (brought forward)	(470)	(470)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other (Capital Raising Costs) Net financing cash flows	805 ‐ ‐ ‐ ‐ (77)	805 ‐ ‐ ‐ ‐ (77)
	728	728
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end ofquarter	258 432 ‐	258 432 ‐
	690	690

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.23 1.24	1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
			20
			‐
1.25 Explanation necessaryfor an understandingof the transactions Item 1.23 includes aggregate amounts paid to directors including salary, director’s fees, consulting fees and superannuation Non‐cash financing and investing activities 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows N/A 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reportingentityhas an interest N/A		Explanation necessaryfor an understandingof the transactions
		Item 1.23 includes aggregate amounts paid to directors including salary, director’s fees, consulting fees and superannuation
	N/A
	Details of outlays made by other entities to establish or increase their share in projects in which the reportingentityhas an interest
	N/A

Financing facilities available

Add notes as necessary for an understanding of the position.

• See chapter 19 for defined terms.

Appendix 5B Page 2

30/9/2001

Appendix 5B Mining exploration entity quarterly report

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	‐	‐
	‐	‐

Estimated cash outflows for next quarter

4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration	$A’000
	200
	‐
	‐
	150
Total	350

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as	Current quarter	Previous quarter
shown in the consolidated statement of cash flows)	$A’000	$A’000
to the related items in the accounts is as follows.
5.1 Cash on hand and at bank	330	250
5.2 Deposits at call	360	182
5.3 Bank overdraft	‐	‐
5.4 Other (provide details)	‐	‐
Total: cash at end of quarter(item 1.22)	690	432

Changes in interests in mining tenements

6.1 Interests in mining tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements acquired or increased	Tenement reference	Nature of interest (note (2))	Interest at beginning ofquarter	Interest at end of quarter
	E52/2232	 All Mineral Rights except Fe and Mn  Fe and Mn	80% 70%	Nil Nil

• See chapter 19 for defined terms.

Appendix 5B Page 3

30/9/2001

Appendix 5B Mining exploration entity quarterly report

Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

	Total number	Number quoted	Issue price per security (see note3) (cents)	Amount paid up per security (see note3) (cents)
7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy‐ backs, redemptions
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy‐ backs	366,341,091	366,341,091
	91,585,200	91,585,200	$0.01	$0.01
7.5 +Convertible debt securities (description)	1 Convertible Note, (escrowed to 20 June 2013) with an aggregate face value of $650,000 convertible as to principal to 6,500,000 Shares at a conversion price equal to $0.10 per Share and attracting interest at the rate of 10% per annum). The Note expires on 20June 2014.

• See chapter 19 for defined terms.

Appendix 5B Page 4

30/9/2001

Appendix 5B Mining exploration entity quarterly report

7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted
7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired during quarter	20,500,000 186,877,849	‐ ‐	Exercise price 19.87 cents 6 cents	Expiry date 30 September 2014 30 September 2018
	137,377,849	‐	6 cents	6 cents
7.11 Debentures (totals only)
7.12 Unsecured notes(totals only)

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 4).

• 2 This statement does give a true and fair view of the matters disclosed.

30/10/2013 Sign here: ............................................................ Date: ............................ (Company secretary)

Print name: Matthew Edmondson

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash

• See chapter 19 for defined terms.

Appendix 5B Page 5

30/9/2001

Appendix 5B Mining exploration entity quarterly report

position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

• See chapter 19 for defined terms.

Appendix 5B Page 6

30/9/2001