PETERHAUS - your initials are very familiar!part of letter to...

PETERHAUS - your initials are very familiar!

part of letter to shareholders 23/9/08- must be VERY SOON!!!
"Prominent Hill, our large copper-gold project in South Australia, will start commissioning
in early October. When in full production, Prominent Hill will more than double OZ
Minerals’ copper production and, in 2009, we expect copper to generate more than 50%
of the Company’s revenues, compared to a pro-forma 36% in the first 6 months of 2008.
We have heard rumours of delays at Prominent Hill and we are concerned that this has
impacted the Company’s share price and caused real financial hardship to our
shareholders. As we announced this month, the rumours are simply not true.
· Prominent Hill is an extremely exciting asset. In addition to the imminent commissioning
of the current project, we recently announced that drilling to the west of the existing pit
has highlighted significant potential for the discovery of an additional deposit close to
existing infrastructure."