ZOONO GROUP LIMITED — Major Shareholding Notification 2003

May 29, 2003

Level 4 20 Loftus Street SYDNEY NSW 2000

email: gold@goldsearch.com.au

ash/psh/ash571

30 May 2003

The Manager Company Announcements Office Australian Stock Exchange Limited Level 4 20 Bridge Street SYDNEY NSW 2000

Via ASX Online

No. of pages - 2

Dear Sir,

Re: Form 604 - notice of change in interest of substantial shareholder

Enclosed for release to the market is a form 604 notice received from substantial shareholder Jayare Nominees Pty Limited.

For and on behalf of the directors of Goldsearch Limited

P S Hewson Secretary

	form 604 Notice of change in interests or Corporations Law
	entitlements of substantial shareholders. 710(3)
To: corporation name	GOLDSEARCH LIMITED ACN 006 645 754
Sabstantial shareholder
namo^	JAYARE NOMINEES PTY. LIMITED (ACN 000 138 269)
1. Pravious notice msert date (d/m/y)	Particulars of the substantial shareholder's entitlements to voting shares in the company at the time at which it was last required to give a substantial shareholding notice to the company are contained in the notice given to the company on $\mathbb{R}^n \mathcal{F} = \mathcal{F}$ .
The notice was dated (d/m/y) 23 / 01/ 02
2. Previous and present entitlement to voting shares
	The total number and percentage of shares in each class of voting shares in the company to which the substantial shareholder was emitted when last required, and when now required, to give a substantial shareholding notice to the company, are: Present notice Class of voting shares Previous notice Percentage of class. Percentage of class Total number Total number ORDINARY 8,000,000 2,304,365 $-1.3\%$ 5.5%
3. Changes in relevant interests	Particulars of each change in, or change in the nature of, relevant interests of the substantial share-
	holder or an associate in voting shares to which the substantial shareholder is or was entitled since the substantial shareholder was last required to give a substantial shareholding notice to the company are:
Date of change	Consideration given in Class and number of Nature of change p Person whose relevant interest changed
29/5/03	shares affected relation to change C JAYARE NOMINEES PTY. \$92,174,60 ORDINARY ALLOTMENT
	2.304.365 LIMITED (ACN 000 138 269)
4. Present relevant interests:
	Particulars of each relevant interest in voting shares to which the substantial shareholder is entitled after the change are:
	Class and number of shares Nature of relevant interest h Person entitled to be registered as holder 12
Holder of relevant
interest
JAYARE NOMINEES PTY.LIMITED	BENEFICIAL OWNERSHIP ORDINARY JASAT SUPERANNUATION FUND 2,304,365 BENEFICIARY JOHN DANVERS
(ACN 000 138 269)	LEECE
5. Changes in association
	The following persons mentioned in this form have become associates of, ceased to be associates of, or have changed the nature of their associationE with, the substantial shareholder in relation to voting
	shares in the company: Nature of association
	Name M/A
6. Addresses	The addresses of persons named in this form are:
	Address. Name
	JAYARE NOMINEES PTY. UIMITED, LEVEL 6,77 CASTLEREACH STREET. SYDNEY 2000.
	JOHN DANVERS LEECE 73 KULGOA ROAD, PYMBLE. NSW 2073
Signature	I certify that the information in this form is true and complete.
print name.	JOHN DANVERS, LEECE
sign here	date

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