ASX Election Of Directors And Annual General Meeting

In accordance with listing rule 3.13.1, Australian Stock Exchange Limited advises that the annual general meeting has been scheduled for Thursday 23 October 2003 at 11am in Sydney. At that meeting, an item of business will be the election of directors. Under the constitution Mr Sharpe and Mrs Walter will retire as directors and being eligible will offer themselves for re-election. As previously advised, Mr Fowles will not be seeking re-election and will retire effective 30 September 2003. Ms Segal will seek election as director. Nominations for election as a director of ASX close on Thursday 4 September 2003.