ARH 0.00% 0.5¢ australasian resources limited

palmer shares, page-18

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    ARH SHARE STRUCTURE ON RELISTING (APPROX)
    SHARES

    C PALMER 295,973,500 67.30%
    AMHK 15,455,000 3.51%
    SHOUGANG 28,000,000 6.37%
    APAC RESOURCES 28,000,000 6.37%
    OTHERS 72,371,500 16.45%

    TOTAL SHARES 439,800,000 100.00%


    OPTIONS PRICE

    DM & DH 26,868,650 $1.20
    VARIOUS OPT 4,214,681 various
    SHOUGANG 14,000,000 $1.50
    APAC RESOURCES 14,000,000 $1.50


    TOTAL OPTIONS 59,083,331


    TOTAL SHARES FULLY DILUTED 498,883,331
 
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