Ann: Quarterly Activities Report and Appendix 5B, page-10

The new NED:

Mr L’Herpiniere is an Exploration Geologist with >20 years international experience,
specialising in project generation and exploration management. He is a Founder and
General Partner at Ibaera Capital, a resource-focused Private Equity firm with > $US120
million assets under management. Prior to Ibaera, he was the Manager of Exploration at
Fortescue Metals Group, where his exploration team was one of the largest operating in
Australia, with an AU$100 million exploration budget, over 20 drill rigs and 200 staff in the field.

A new beginning for AYT?