Ann: Presentation to Annual General Meeting , page-5

The mighty Newcrest Mining and Sumatra signed an agreement for the development of Tandai, where Newcrest can earn a 70% interest in the Project by spending US$12 million over 5 years from mid-2010, with a minimum commitment of US$1.75 million over the first 18 months in Tandai.

During the minimum spend period, management of the Project will remain with Sumatra and on completion of the minimum spend, Newcrest may elect to transition the management of the Project from Sumatra to Newcrest. Large high-grade underground vein systems are targeted and Newcrest and Sumatra plan to aggressively pursue their gold mining exploration in Indonesia.