Tanami Operations - Statistics

Reserves (1) Gold Sales Cash Costs

‘000 oz ‘000 oz US$/Ounce

Groundrush

2002 450 157 198

2003E 155 294

Granites

2002 2,710 450 216

2003E 445 228

TOTAL TANAMI

Dec 2002 3,160 607 211

Dec 2003E 600 245

(1) December 2003 Reserves to be released Q1 2004.