# macrae:- cii / prl merger result any day now! #

........expect big move on successful merger! Result should be announced any day now!
wrxsti
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C I RESOURCES LIMITED
11 September 2005
The Manager
Australian Stock Exchange Limited
Level 4
20 Bridge Street
Sydney, NSW 2000
Dear Sir
MERGER UPDATE – RESULTS OF COURT ORDERED MEETINGS
The Boards of CI Resources Limited (CII) and Phosphate Resources Limited (PRL) would like to advise that the First and Second Court Ordered Meetings of the Shareholders of PRL in respect to the Scheme of Arrangement were held on 10 September 2005.
The Results of those meetings are as follows:
First Court Ordered Meeting
Attendance
Present
Present and Voting
Shareholders in Person or by Representative/Attorney
22
19
Shareholders by Proxy
181
181
TOTALS
203
200
Numerical Majority (Head Count)
In Favour
Against
Shareholders in Person or by Representative/Attorney
6
13
Shareholders by Proxy
108
73
TOTALS
114
86
C I Resources Limited
Voting Majority
Total Votes cast on poll
Votes in Favour
Votes Against
Shareholders in Person or by Representative/Attorney
324,850
187,350
137,500
Shareholders by Proxy
1,605,670
1,021,520
584,150
TOTALS
1,930,520
1,208,870
721,650
Second Court Ordered Meeting
Attendance
Present
Present and Voting
Shareholders in Person or by Representative/Attorney
1
1
Shareholders by Proxy
-
-
TOTALS
1
1
Numerical Majority (Head Count)
In Favour
Against
Shareholders in Person or by Representative/Attorney
1
-
Shareholders by Proxy
-
-
TOTALS
1
-
Voting Majority
Total Votes cast on poll
Votes in Favour
Votes Against
Shareholders in Person or by Representative/Attorney
1,327,180
1,327,180
-
Shareholders by Proxy
-
-
-
TOTALS
1,327,180
1,327,180
-
C I Resources Limited
Combined Results
Numerical Majority (Head Count)
In Favour
Against
Shareholders in Person or by Representative/Attorney
7
13
Shareholders by Proxy
108
73
TOTALS
115
86
Voting Majority
Total Votes cast on poll
Votes in Favour
Votes Against
Shareholders in Person or by Representative/Attorney
1,652,030
1,514,530
137,500
Shareholders by Proxy
1,605,670
1,021,520
584,150
TOTALS
3,257,700
2,536,750
721,650
PRL is proceeding in accordance with the requirements of Section 411 of the Corporations Act 2001 to report the results to the Court at the Second Court Hearing so as to implement the Scheme.
CII is looking forward to the Second Court Hearing following the results of the meetings.
If you have any queries in respect to this announcement please contact Peter Torre.
Yours Sincerely
Peter Torre
Company Secretary

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