Staff Reporters

Announce the placement of 4,000,000 ordinary new shares at 70 cents per share to two current long term key investors and some new investors to the Company.

Extraordinary General Meeting will be held at South Perth Yacht Club, Coffee Point, Applecross, on Thursday 5 July 2007 at 10.00am.

NEW Zealand-based steel pipe company, Steelpipe New Zealand, has officially established its Australian subsidiary, Steelpipe Australia, with the opening of a new $7 million factory in East Rockingham.

Grange Consulting has appointed Shannon Caporn and Jamie Byrde as corporate advisors.

Tax payer alert on employee share schemes. http://www.ato.gov.au/distributor.asp?doc=/content/content/85320.htm Published: June 5 2007

GMO Australia Ltd ceased to be a substantial shareholder.

Michael Sillcock and Krama Pty Ltd and Pharmaderm Pty Ltd increased its relevant interest from 2,747,333 ordinary shares (6.03%) to 8,299,833 ordinary shares (11.64%).

Paul van Loenhout increased its relevant interest from 2,060,000 ordinary shares (8.82%) to 2,560,000 ordinary shares (10.96%).

The takeover bid by Paladin Resources Ltd for all the fully paid ordinary shares in Summit Resources Limited closed at 5:00pm (Perth, Western Australia time) on 1 June 2007

General Meeting will be held at The Celtic Club, 48 Ord Street, West Perth, on 4 July 2007 at 11.30am.

LAW firm Allens Arthur Robinson has appointed Tim Lester to its Perth office as partner, specialising in corporate and finance matters.

ASX code: TSM, Issue price: $2.15, First days close: $2.35, Principal activities: business to business IT financing, Corporate: Peter Mansell (chairman), Ned Montarello (managing director & CEO), Stev

David Southam has commenced as chief financial officer at Australian Railroad Group having recently returned to Perth from Melbourne where he was CFO of Cleanaway Australia.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australian (CCI) with the support of the WA Government’s Department of

JPMorgan Chase & Co. and its affiliates became a substantial shareholder with a relevant interest of 1,848,188 ordinary shares (5.51%).

Ragusa Investments Pty Ltd increased its relevant interest from 4,185,000 ordinary shares (8.63%) to 4,685,000 ordinary shares (9.66%).

Axiom Properties Ltd decreased its relevant interest from 15,144,309 ordinary shares (17.95%) to 14,268,989 ordinary shares (16.92%).

Has negotiated and signed a Memorandum of Understanding (MOU) with an overseas company for the sale of its remaining two fishing vessels.

General Meeting will be held at ‘John de Baun’ Room, Melbourne Hotel, 942 Hay Street (cnr Milligan Street), Perth, on 2 July 2007 at 10.30am.

NEDLANDS-BASED architect Craig Smith has joined the City of Perth as its city architect, a newly created part-time role to help the council achieve best architectural outcomes in new developments.

Western Australia’s black Manjimup truffle season is being embraced by the team at Jackson’s – the popular dining spot on city centre’s urban fringe, Highgate.

45 Ventnor Avenue, WEST PERTH, WA 6005; Ph: (08) 9429 8894, Fax: (08) 9429 8800

TaxPack 2007 is designed to help you complete your 2007 tax return for individuals. This guide includes information about the TaxPack, TaxPack supplement and TaxPack for retirees. NAT 0976-06.2007.

Westpac Banking Corporation ceased to be a substantial shareholder.

Giralia Resources NL became a substantial shareholder with a relevant interest of 40,000,000 ordinary shares (61.26%).

Lehman Brothers Prime Broker Nominees increased its relevant interest from 8,695,806 ordinary shares (15.32%) to 10,713,855 ordinary shares (16.42%).

UBS Nominees Pty Ltd & its related bodies corporate decreased its relevant interest from 13,432,960 ordinary shares (8.62%) to 11,635,592 ordinary shares (7.46%).

General Meeting will be held at 3pm on July 2 nd at the Celtic Club, 48 Ord Street, West Perth

THE port boss at the time thousands of birds started dying around Esperance told an inquiry last week that he knew lead was spilled in the area.

ASX code: RMT, Issue price: $0.25, First days close: $0.85, Principal activities: uranium, tin and coal exploration, Corporate: Terry Byrt (executive chairman), Clive Triplett (executive director), Wi

Volker Hars has joined Lynas Corporation Ltd as chief financial officer. Mr Hars was most recently CFO of the waste management division of Brambles in Germany.

Merrill Lynch & Co inc. became a substantial shareholder with a relevant interest of 25,069,832 ordinary shares (5.07%).