Name Units % of Units1. ANZ NOMINEES LIMITED 45,499,405 4.0102....

Name Units % of Units
1. ANZ NOMINEES LIMITED 45,499,405 4.010
2. MR YONGJIN LUO 26,024,396 2.300
3. CITICORP NOMINEES PTY LIMITED 22,836,789 2.010
4. MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED 18,494,170 1.630
5. NATIONAL NOMINEES LIMITED 12,032,569 1.060
6. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED 11,770,987 1.040
7. ELSIE PTY LTD 9,858,650 0.870
8. J P MORGAN NOMINEES AUSTRALIA LIMITED 8,041,702 0.710
9. AVANTEOS INVESTMENTS LIMITED 7,255,550 0.640
10. COMSEC NOMINEES PTY LIMITED 6,673,034 0.590
FULLY PAID ADMIRALTY RESOURCES NL ORDINARY SHARES
as of 2 January 2009
11. FORBAR CUSTODIANS LIMITED 6,641,635 0.590
12. G SANDILANDS INVESTMENTS PTY LTD 5,277,311 0.470
13. WWB INVESTMENTS PTY LTD 5,000,000 0.440
14. HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED-GSCO ECA 4,867,943 0.430
15. WWB INVESTMENTS PTY LTD 4,600,000 0.410
16. GRACE FASHION PTY LTD 4,598,020 0.410
17. MR GUENNADI KISSELEV 4,382,416 0.390
18. NEONREACH PTY LTD 4,361,470 0.380
19. MR YOUSSEF OUBANI 4,000,000 0.350
20. MR DAVID ANDREW TINK 3,893,648 0.340
Totals: Top 20 Holders of FULLY PAID ORDINARY SHARES (TOTAL) 216,109,695 19.066