interesting announcement

For LT holders.

Substantial Shareholder Notice for Jervois Mining Limited
Intec Ltd (ASX code: INL) today lodged the attached Notice of Initial Substantial Holder
announcement (Form 603) in relation to Jervois Mining Limited (ASX code: JRV) as at 21
February 2007. Since that date, INL has acquired 50,301,763 further JRV ordinary shares onmarket
and also holds 107,200,000 options to purchase JRV shares at 1.0 cent each prior to 30
November 2007. Therefore, INL presently beneficially owns 197,407,783 shares and 107,200,000
options representing 14.56% of JRV on a fully diluted basis at an average entry price of
approximately 1.16 cents.
Intec considers that its own existing demonstration plant, strong future cashflows and proven
technology and project development capabilities could accelerate development of JRV’s Young and
Nyngan nickel laterite resources.
Intec looks forward to productive discussions shortly with the Board and Management of JRV in
order to progress mutually beneficial outcomes for the two companies and their shareholders, and
will provide an update shortly thereafter.
Yours faithfully,
Intec Ltd
Philip R Wood
Managing Director & Chief Executive Officer