The following is a list of the top 20 shareholders They hold...

The following is a list of the top 20 shareholders They hold 90.55 of the shares. The MD has their support in not breaking ranks to sell seperatly.I am picking that they will continue to hold out to a more relaistic price is offered

As at 21 November 2008

Rank Shareholder No of shares % Holding

1 AMCI CAPITAL LP AMCIC SABELTAND HOLDINGS A/C 37,601,724 19.2
2 GAFFWICK PTY LTD 29,948,706 15.3
3 ILWELLA PTY LTD 29,450,000 15.0
4 FIBORA PTY LTD 14,550,000 7.4
5 NATIONAL NOMINEES LIMITED 10,877,594 5.5
6 J P MORGAN NOMINEES LIMITED 10,533,804 5.4
7 LEOPOLD STATION PTY LTD 9,700,000 4.9
8 REMOND HOLDINGS PTY LIMITED DEFINA A/C 9,700,000 4.9
9 HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 6,732,397 3.4
10 ANZ NOMINEES LIMITED CASH INCOME A/C 5,823,692 3.0
11 COVELANE PTY LTD 3,978,800 2.0
12 CITICORP NOMINEES PTY LIMITED 3,263,294 1.7
13 COGENT NOMINEES PTY LIMITED 1,045,037 0.5
14 UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD 935,742 0.5
15 UBS NOMINEES PTY LTD 860,081 0.4
16 AMP LIFE LIMITED 745,239 0.4
17 FETA NOMINEES PTY LIMITED 638,410 0.3
18 QUEENSLAND INVESTMENT CORPORATION 591,976 0.3
19 CITICORP NOMINEES PTY LIMITED CFSIL CFS WS SMALL COMP A/C 409,686 0.2
20 AUSTRALIAN REWARD INVESTMENT ALLIANCE 341,110 0.2
Total of top 20 shareholders 177,727,292 90.5

Total ordinary shares issued 196,325,038