Sir Barry Blythe HOLLOWAY KBE CBE
CHAIRMAN
Sir Barry is a former District Officer in Papua New Guinea. Elected to the first Papua New Guinea Parliament in 1963, he was a founding member of the LNA and a member of various parliamentary committees including the Public Accounts Committee. He was Speaker of Parliament 1972-77, Finance Minister 1977-80, Minister of Education & National Planning 1982-85 and Chairman of the Constituent Assembly responsible for formulating the Constitution of the Independent State of Papua New Guinea during 1974-75. Sir Barry is now a private consultant and acts as an independent Chairman not associated with the major shareholders.

Rodney David FOSTER BSc
MANAGING DIRECTOR
Mr. Foster was appointed Managing Director of Pacrim in December 2003. Mr. Foster is a geologist with over 20 years experience in the gold exploration and mining industry in Western Australia and Victoria. His experience includes working for Pancontinental Mining at Paddington, Samantha Exploration, CSR’s Gold Resources Pty Ltd and North Kalgurli Mines on the Golden Mile, Money Mining NL and was founding Managing Director of Goldminco NL, a Victorian exploration company. Mr. Foster is also a non-executive director of Peak Resources Limited, an ASX listed mining company.

Mark William MAINE M Com. B Bus (Acc) PG Dip(Com) -
NON-EXECUTIVE DIRECTOR
Mr. Maine is Managing Director of Peak Resources Limited, an ASX listed mining company and also manages his consultancy business, specialising in corporate strategy and corporate administration. He has previously been the managing director of the corporate arm of an Australian stockbroking house and a director in the corporate advisory arm of a big four chartered accounting firm. He has been a director and a company secretary for a number of Australian listed companies and has worked internationally for a number of years, predominately in the United Kingdom.

John Fraser AINSWORTH -
NON-EXECUTIVE DIRECTOR
Mr. Ainsworth is a successful Victorian businessman. He joined the Australian Army as a national servicemen in 1967 and, after being commissioned as an officer, served in Vietnam and later with the Papua New Guinea Defence Force and then with the British Army in the United Kingdom and Germany in 1984, his expertise being in logistics and support services. After leaving military service in 1987, Mr. Ainsworth has undertaken various successful business ventures on his own account in Victoria and other states, mostly in property development, management and investment.

REGIONAL OFFICE LOCATIONS:

Australia

523 Ligar Street
Ballarat, Victoria
PO Box 63
Wendouree Victoria 3355
Telephone: (03) 5333 3200
Facsimile: (03) 5333 3650

Papua New Guinea

Sinton Spence Chartered Accountants
Level 2, Brian Bell Plaza
Turumu Street
Boroko NCD 111
Papua New Guinea
PO Box 6861, Boroko
Telephone: (675) 325 7611
Facsimile: (675) 325 9389

EXPLORATION OFFICE:

Australia

523 Ligar Street
Ballarat, Victoria
PO Box 63
Wendouree Victoria 3355
Telephone: (03) 5333 3200
Facsimile: (03) 5333 3650

SECRETARIAL DUTIES:

Mark W Maine M.Com, B.Bus (Acc), CPA
Telephone: (08) 9450 6631
Facsimile: (08) 9450 6631
Mobile: 0416 107 244

AUDITORS, REGISTERED OFFICE & PAPUA NEW GUINEA SHARE REGISTRY:

Sinton Spence Chartered Accountants
Level 2, Brian Bell Plaza
Turumu Street
Boroko NCD 111
Papua New Guinea
(PO Box 6861, Boroko)
Telephone: (675) 325 7611
Facsimile: (675) 325 9389

AUSTRALIAN SHARE REGISTRY:

Link Market Services Limited
Level 12, 300 Queen Street
Brisbane Qld 4000
Telephone: (02) 8280 7454
Facsimile: (07) 3228 4999

COMPANY INFORMATION

Papua New Guinea Company Number: 1-13756
Australian Business Number:
63 010 856 014
ASX code: PRE
Home Branch: Brisbane

ACCOUNTANTS, REGISTERED AGENT & OFFICE IN AUSTRALIA

MDB Coralton Pty Ltd
566 Elizabeth Street
Melbourne Vic 3000
Telephone: (03) 9349 1488
Facsimile: (03) 9349 1186

SOLICITORS

BANKERS