Hi HTPage 11StrategyWith the sale of most of the Group’s assets...

Hi HT

Page 11

Strategy
With the sale of most of the Group’s assets and repayment of bank debt, the asset base and financial base of
OZ Minerals is radically different to that which existed at the start of the period. As a consequence, the long-term
strategic direction of the Group is currently under review.
In the meantime the Group has committed to the following initiatives:
1) Completing the ramp up of Prominent Hill
2) Re-activating the feasibility study into underground mining development at the Prominent Hill Mine, the
results of which are expected to be available during the first half of 2010
3) Re-activating the exploration program in and around Prominent Hill in support of the underground
expansion studies and also as part of an active regional exploration effort
4) Conducting an aggressive exploration program on the Cambodia gold tenements.

Regards