Top 20 Shareholders

Top 20 holders of Ordinary Shares as at 31st October 2008

Rank Name Units % of Issued Capital
1 HSBC Custody Nominees Australia 17,855,097 12.08
2 National Nominees Limited 16,498,202 11.16
3 J P Morgan Nominees Australia Limited 13,794,746 9.33
4 Qatar Steel Company 13,125,000 8.88
5 African Lion 2 Limited 6,330,000 4.28
6 Zero Nominees Pty Ltd 5,983,187 4.05
7 HSBC Custody Nominees (Aust) Ltd - A/c 2 5,891,828 3.99
8 Talbot Group Investments Pty Ltd 4,508,600 3.05
9 African Lion Limited 4,300,000 2.91
10 ANZ Nominees Ltd - Cash Income A/c 4,280,047 2.90
11 Mr Alexander Stuart Burns - ASLI A/c 3,978,377 2.69
12 Invia Custodian Pty Ltd - Black A/C 2,010,779 1.36
13 Citicorp Nominees Pty Ltd - Cwlth Bank Off Super A/c 1,893,871 1.28
14 Citicorp Nominees Pty Ltd 1,830,339 1.24
15 Ritley Holdings Pty Ltd 1,737,606 1.18
16 Lloyd Price Carnarvon Pty Ltd 1,613,333 1.09
17 Nodlaw Investments Pty Ltd - The Waldon Investment A/c 1,515,524 1.03
18 Rexfam Trading Pty Ltd 1,429,692 0.97
19 Mr Neil Thomas O'Loughlin 1,332,972 0.90
20 Mr Marcello Cardaci - M D Cardaci Family A/c 1,200,000 0.81
Top 20 holders of ordinary shares
as at 31st October 2008
111,109,200 75.18