time table entitlements and trading.

Issue
Lodgement of Prospectus 5 May 2004

Shares quoted ex-bonus Entitlement 10 May 2004

Bonus Options quoted on ASX on a deferred settlement basis 10 May 2004

Record date to determine Entitlements 14 May 2004

Allotment and issue of Bonus Options 26 May 2004

Prospectus and holding statements despatch to shareholders 26 May 2004

Trading in Bonus Options commences on a normal settlement basis 27 May 2004

These dates in the table above are indicative only. Subject to the ASX Listing Rules, the
Directors reserve the right to vary the dates without prior notice.