MARKET UPDATE Continuation of Voluntary Suspension On 9 May 2005, the Company notified the market of a continuation of its voluntary suspension in order to complete a material transaction. At that time it was expected that the transaction would be completed within a matter of days. We wish to advise that finalisation of the transaction has taken longer than anticipated and that we now expect to complete it late this week, with an aim to releasing a detailed announcement and lifting of our voluntary suspension next week. In the meantime, the Company will maintain its voluntary suspension pending release of the detailed announcement to the market. Chariot Operations At Chariot, ore is being mined from the 9 to 11 Level stope. The decline heading is past the 13
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