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Matrix Metals Limited

Change of Directors

Appointment of Director

The Directors of Matrix Metals Limited are pleased to announce that Mr Gregory Hahn has been appointed as director of the Company following a board meeting held on 10 September 2001.

Mr Hahn is President and CEO of Summo Minerals Corporation, who hold a 47.3% shareholdings in Matrix Metals Limited.

Resignation of Director

Following Mr Hahn's appointment it is advised that Mr Robert A Prescott has resigned from the Board. Mr Prescott is an employee of Summo Minerals Corporation.

We wish to thank Mr Prescott for his contribution to the Board.


Andrew Chapman
Chief Executive Officer

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MATRIX METALS LIMITED

Liquidators
Ernst and Young
11 Mounts Bay Road
PERTH WA 6000

Phone: +61 8 9429 2222
Fax: +61 8 9429 2436

Receivers and Managers
Deloitte Touche Tohmatsu
240 St Georges Terrace
PERTH WA 6000

Phone: +61 8 9365 7000
Fax: +61 8 9365 7001
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