egyptians approve eia., page-2

re: egyptians approve eia/annmnt GIPPSLANDLIMITED LSE ASX 051010 Abu Dabbab EIA Approval
2005-10-10 LSE--ASX Announcement Media Release

APPROVAL OF Abu Dabbab Environmental Impact Assessment Approved by Egyptian Environmental Affairs Agency

Gippsland Limited is pleased to announce that the Environmental Impact Assessment ("EIA") for
the Company's 40Mt Egyptian Abu Dabbab tantalum-tin project has been approved by the Egyptian
Government's Environmental Affairs Agency. The EIA was undertaken by the Egyptian
environment Group Environics and Dorsch Consult (Germany); the international environmental
engineering group Knight Piésold also made a substantial contribution to the EIA.

The structure and content of the EIA, undertaken over a period of some 16 months, was completed
in accordance with guidelines established by the World Bank Group which complemented those
provided by Egyptian legislation.

The EIA process was conducted in parallel and interactively with project design. As a result,
potential negative environmental effects were mitigated, through appropriate design and
environmental management, to acceptable levels by international standards. The EIA included
commitments to enhance the numerous social benefits associated with the project.

The completion of the world-standard Abu Dabbab EIA which, being the first such environmental
study concluded in Egypt, is seen as an historical milestone in the development of the country's
mineral resources.

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