Pilbara Conglomerate Gold, page-528

Mr Clee, Ms Smith, Mc Cauley, Mr Armstrong,

Please provide all your corrupt business, trick, cheat and unmoral activities ASX. This is easy way out for all of you. If you have any pice moral, integrity act accordingly.

There are many investors who lost their life time saving because of your corrupt business dealings. Mr Clee you are supposed to be a lawyer you must act with law.

However if you are not take honest, open action to protect HDY investors, you will be responsible what will be happen for your profession, HDY and all your other business.

If you underestimate HDY investors knowledge, information about your business dealings and having some documents which prove what you did, your are mistaken...

ASIC, AFP, Class Action, all other possible legal action will be exercises.

Take this open letter a first and final warning.

Executives of HDY;

• Terence A. Clee - Executive Chairman
• Sarah Smith Chief - Financial Officer & Secretary
• Robert John McCauley Non-Executive Director
• Robin Gerald Armstrong Non-Executive Director