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CREST Enablement

30 May 2007 16:48

Dwyka Resources Limited30 May 2007 Dwyka Resources Limited ('Dwyka' or the 'Company') CREST Enablement Highlights - Dwyka shares to be traded within CREST - Commencement 31 May 2007 The Directors of Dwyka Resources Limited ("Dwyka or "the company") are pleasedto announce that with effect from 31 May 2007, interests in the Company'sordinary shares (ISIN number AU000000DWY1) (the 'Ordinary Shares') will becapable of being held and transferred within CREST, pursuant to a depositoryinterest arrangement. The Ordinary Shares will not themselves be admitted to CREST, but the Companyhas arranged for Computershare Investor Services Plc ('Computershare') to issuedepository interests in respect of the underlying Ordinary Shares (the 'Depository Interests'). The Depository Interests may be held and transferredwithin CREST. The Depository Interests will be created and issued pursuant to aDeed Poll executed by Computershare under English law and the provisions of theDeed Poll are expressed to bind all holders future and present. In CREST, the Depository Interests will carry the same ISIN as the OrdinaryShares. It will of course remain open to shareholders, should they wish to doso, to continue to hold Ordinary Shares as they do now and make use of theresidual settlement mechanism. If CREST members wish to avail themselves of this facility, they can now do soby inputting a stock deposit in the usual way. The Company has informed CRESTCothat (1) a CREST transfer form or dematerialisation form lodged as a stockdeposit will be deemed to constitute a transfer of the Ordinary Shares toComputershare, who will issue corresponding Depository Interests in CREST to thedepositing member/ transferee; and (2) in a similar way, a stock withdrawal willbe deemed to constitute an instruction to Computershare to cancel the DepositoryInterest and effect a transfer of the Ordinary Shares to the person specified inthe instruction. The Depository Interests will not be subject to SDRT. This is because theDepository Interests meet all of the criteria set out for the SDRT exemptiongranted in The Stamp Duty Reserve Tax (UK Depository Interests in ForeignSecurities) Regulations 1999 (SI 1999/2383 as amended by SI 2000/1871 and SI2001/3779). Enquiries: In AustraliaMike LangoulantDwyka Resources Limited(+618) 324 2955 In the United KingdomRichard BrownAmbrian Partners Limited(+44) 20 7776 6417 John GorskiComputershare Investor Services Plc(+44) 117 305 1075 This information is provided by RNS The company news service from the London Stock Exchange
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