Staff Reporters

Sedimentary Holdings Ltd increased its relevant interest from 89,625,384 ordinary shares (9.1%) to 100,875,787 ordinary shares (10.2%).

Declares bid for Nustar Mining Corporation free from defeating conditions.

Bounty Oil & Gas NL's earned an option to participate in up to five wells to be drilled in Eagle Bay NL's PEL 182 in the Copper Basin.

CLOUGH has won a $33 million offshore installation contract with ConocoPhillips Indonesia for the Kerisi oil and gas project.

Proposed code: WGMIssue price: $0.20Principal activities: Gold, nickel, copper and platinum exploration.

Island Australia Pty Ltd increased its relevant interest from 2,140,000 ordinary shares (5.495%) to 2,640,000 ordinary shares (6.779%).

Commonwealth Bank of Australia decreased its relevant interest from 20,361,817 ordinary shares (12.27%) to 18,077,345 ordinary shares (10.49%).

Announced the signing of a Collaborative Research Agreement with the CSIRO.

Mandurah Senior College – Old Coast Plaza Shopping Centre – FitoutInterior Building Solutions Pty Ltd

DIRECTORS

MANGIMUP fruit grower Rangal Pty Ltd, trading as A&N Fontanini, has been fined $6,000 for failing to adequately guard an item of farm machinery.

Trade Wind Communications Limited became a substantial shareholder with a relevant interest of 48,989,445 ordinary shares (53.69%).

Hosking Financial Group CC Holdings Pty Ltd increased its relevant interest from 25,800,000 ordinary shares (19.82%) to 29,662,433 ordinary shares (22.78%).

Has finalised the $5 million share placement as announced on 23 November 2004.

Takeovers Panel has made a declaration of unacceptable circumstances in respect of rights issue. Spin-off of Avcol Stockbroking not to proceed.

NATHAN Quigley has joined Livewire Communications as account manager – public relations.

FINANCIAL Resources bought the remaining 50 per cent of Aspen Group's capital in joint venture debenture issuing vehicle Aspen Financial Resources Limited for $150,000.

Proposed code: DRKIssue price: $0.20Principal activities: Gold and silver exploration.

Kllina Enterprises Pty Ltd became a substantial shareholder with a relevant interest of  11,791,679 ordinary shares (7.39%).

Perpetual Trustees Australia Ltd decreased its relevant interest from 27,475,030 ordinary shares (11.80%) to 25,087,798 ordinary shares (10.77%).

1,268,749 Fully Paid Ordinary Shares are due for release from escrow on 30 January 2005.

Has sold Aspen Financial Resources Ltd to Financial Services Ltd for $150,000.

(IFRS) sub-committee

ANDREW Frontino has been appointed a director of William Buck Business Advisors and Chartered Accountants after 10 years with the company.

A Guide for pre-schools has been released to help those in that industry better understand their GST obligations.