csm uk broker quits not happy

12 March 2007



CESSATION OF BROKER

Consolidated Minerals Limited advises that Numis Securities Limited has ceased to act as broker to the Company in the UK market, with immediate effect. The Company has initiated discussions with a replacement broker and will advise when the appointment is made.

RFC Corporate Finance Ltd (contact Stephen Allen on +61 8 9480 2500) remains Consolidated Minerals' nominated adviser.

Yours faithfully J B Abbott Company Secretary


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