addition, the Board has declared a fully franked 1O cent per share
special dividend related to the proceeds received from sales of
non-core assets. The dividend will be paid to AurionGold shareholders
on record at the close of trading on 24 October 2002 and the payment
date will be 4 November 2002. The declaration of the dividend brings
the total fully franked dividends declared by the Company since 13
August 2002 to 17 cents per share. The Board has carefully considered
the level of the dividend having regard to the ongoing cash
requirements of the company. Under the terms of the Offer, Placer is
entitled to deduct the equivalent amount of the dividend from the
Offer consideration payable.
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