G E N E R A L M E E T I N G
HELD MONDAY, 14 DECEMBER,
1998
RESULTS OF VOTING
Pursuant to Listing Rule 3.13.2 and
Corporations Law s251AA(2)
Resolution 1:
(ordinary resolution)
"That Mr. Frederick G. Hilmer be
elected as a director of the Company."
PASSED: BY SHOW OF HANDS
PROXY COUNT:
| For: |
340,383,232 |
| Against: |
415,430 |
| Abstain: |
4,898,450 |
| Open: |
134,516,365 |
| Total: |
480,213,477 |
Resolution 2: (special resolution)
"That Shareholders grant approval
for the Board of Directors of the Company:
(a) to grant on or about December 15,
1998 3,500,000 options to subscribe for unissued ordinary Company shares to
Mr. Frederick Hilmer at an exercise price of $2.85 each on the terms of the Share
Option Deed, a copy of which is set out in Schedule 2 to this Notice of Meeting;
(b) issue up to 3,500,000 ordinary shares
in the capital of the Company (or such other number or description of shares as may result
from the operation of the Share Option Deed) upon the exercise of the options referred to
in paragraph (a)."
PASSED: BY SHOW OF HANDS
PROXY COUNT:
| For: |
312,900,797 |
| Against: |
31,125,086 |
| Abstain: |
1,668,729 |
| Open: |
134,518,865 |
| Total: |
480,213,477 |
|
