pump and dump, page-2

Holding IGC could well become a cheap way into NKP shares

---From the Ann report---
You are no doubt aware that the prospectivity of the area and the strong development potential of the three farms
in which your Company has an earn-in right are such that over the 2007/08 year, International Goldfi elds Limited
received a number of proposals of a corporate nature. Since year end, on 19 August 2008, your Board announced the
appointment of an independent adviser to provide independent valuation of its holding in the three platinum rich farms.
The appointment came as your Board decided to step up negotiations with fellow Australian platinum company and
joint venture partner Nkwe Platinum Limited (“Nkwe”) regarding a potential merger of the two companies. On 7
August 2008 International Goldfields confirmed it had signed an exclusive Option Agreement with Nkwe in relation
to our 15% interest in the three farms comprising the Tubatse Project.
Under the Option Agreement, Nkwe has paid International Goldfi elds Limited an option fee of A$100,000 and 2.5
million of its own shares for time to facilitate the acquisition of our 15% interest in the Tubatse Project by way of a scheme of arrangement. Should the Agreement receive the necessary shareholder and regulatory approvals, Nkwe will have the option to increase its participating interest in the Project from 59% to 74%.
Your Board wishes to advise Shareholders that, despite the six month option period, both parties are committed to the
deal and expect to have an agreement fi nalised by October of this year. Your Board feels that, having reviewed a range of opportunities associated with this investment, including the continued exploration and eventual development of the Project, this deal with Nkwe will deliver maximum return and long-term value to you, the Shareholders