directors, page-4

Listing of 20 largest optionholders as at 30 September 2010
Listed Options exercisable @ 2.5 cents each
on or before 31 March 2011 470,734,490
Name Number of Options
Held
% of Options Held
1. SYRIANA RESOURCES PTY LTD 50,000,000 10.62
2. BELL POTTER NOMINEES LTD 43,000,000 9.13
3. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 42,635,955 9.06
4. SKYE EQUITY PTY LTD 40,000,000 8.50
5. MR CRAIG IAN BURTON 28,125,000 5.97
6. MS LORAINE VON DER WEID DE WECK 15,000,000 3.19
7. OMONDALI PTY LTD 15,000,000 3.19
8. ARAGUM PTY LTD 10,000,000 2.12
9. MR JON BIESSE + MRS ESTHER JOY BIESSE 10,000,000 2.12
10. ETCHELL CAPITAL PTY LTD 10,000,000 2.12
11. MR WILLIAM MURRAY MITCHELL + MRS DIANE JOAN MITCHELL SUPER FUND A/C>
10,000,000 2.12
12. MR MATHEW DONALD WALKER 10,000,000 2.12
13. MR RAYMOND PHILIP JEPP 8,166,660 1.73
14. SABRELINE PTY LTD 8,000,000 1.70
15. PROSPERO CAPITAL PTY LTD 7,948,313 1.69
16. ARDLUSSA PTY LTD 7,500,000 1.59
17. SDG NOMINEES PTY LTD 7,500,000 1.59
18. MR SIMON PODOLSKY + MRS JEANETTE CLARE PODOLSKY SUPER A/C>
7,173,892 1.52
19. MR CHARLES JEKUTHIEL BROH + MRS TIKVA HILDA BROH FUND A/C>
7,000,000 1.49
20. KAMIRA INVESTMENTS PTY LTD 5,484,478 1.17