1998 Annual Report
  Chairman & MD
  Market Summary
  Financial Summary
  Ore Reserves
  Safety
  Environment
  Corporate Governance
  Shareholders
  Glossary

Investor Information
Pasminco makes a significant commitment to investor relations.

Institutional investors and stockbroking analysts are invited to visit the Company’s operations in May and November each year. After the release of the half-year and full-year financial results, senior management provide briefings to the investment community, both in
Australia and overseas. Through the site visit program and investor briefings Pasminco strives to achieve a greater level of understanding and transparency of the Group’s operations.


Substantial Shareholders
The Register of Substantial Shareholders as at 18 August 1998 showed that:


- PDFM Limited and its associates have a relevant interest in 134,536,129 fully paid ordinary shares (Notice dated 15 July 1998)

- Bankers Trust Australia Limited and its associates have a relevant interest in 56,738,872 fully paid ordinary shares (Notice dated 3 July 1998)


Distribution of Shareholders and Shareholdings
The number of issued shares at the date of this report was 1,124,630,499 held by 31,578 shareholders whose voting rights are one vote for each share held.


Top 20 Shareholders

Size of Shareholding Number of Shareholders  Number of Shares 
1-1,000  16,429  8,048,747 
1,001 - 5,000  10,208  28,014,819 
5,001 - 10,000  2,832  22,306,537 
10,001 - 100,000  1,847  48,837,715 
100,001 and over  262  1,017,422,681 
Total  31,578  1,124,630,499 
Shareholders of less than a marketable parcel (having a market value of $500 or less)  9,810  3,192,643 



Shareholding Distribution

Top 20 Shareholders  Number of Shareholders 
Westpac Custodian Nominees  157,521,843  14.01 
National Nominees  140,297,660  12.48 
ANZ Nominees  98,802,002  8.79 
Chase Manhattan Nominees  76,611,993  6.81 
AMP Life  40,986,347  3.64 
BT Custodial Services  28,638,673  2.55 
Queensland Investment  25,900,000  2.30 
Permanent Trustee Company  20,953,987  1.86 
SAS Trustee Corporation  19,677,074  1.75 
BT Custodial Services  18,652,912  1.66 
Reinsurers Investments  15,903,949  1.41 
Citicorp Nominees  15,363,865  1.37 
Mercantile Mutual Life  13,905,390  1.24 
HKBA Nominees  12,283,569  1.09 
Perpetual Trustees Nominees  12,283,297  1.09 
MLC Limited  12,276,534  1.09 
Prudential Corporation Australia  10,393,007  0.92 
Australian Foundation Investment  9,041,745  0.80 
Queensland Investment  8,797,410  0.78 
Invia Custodian  8,552,600  0.76 

Stock Exchange Listing
Pasminco’s shares are listed on the Australian Stock Exchange and trade under the ASX code PAS.


Direct Deposit of Dividends
Dividend payments may be paid directly to a nominated Australian financial institution. Payments are electronically credited on the dividend payment date and confirmed by payment advices mailed directly to the shareholder’s registered address. A form for this purpose is available from Corporate Registry Services Pty Ltd.


Shareholding Alternatives under Chess
Shareholders may choose to trade their shares using the Clearing House Electronic Sub-register System, otherwise known as the "CHESS" system offered by the Australian Stock Exchange. Until the move to Issuer Sponsorship which will be completed before the end of December 1998, Pasminco shareholders can continue to hold their shares by way of their current share certificates, continue to request a certificate when purchasing new shares and use certificates for delivery to their stockbroker upon sale.


Tax File Number (TFN) Information
While it is not compulsory for a shareholder to provide a TFN, Pasminco is obliged to deduct tax from any unfranked portion of dividend payment to shareholders resident in Australia who have not supplied such information. If you have not already supplied your TFN, you may do so by writing to Corporate Registry Services Pty Ltd.


Changing Name or Address
Changes to your name or address must be advised in writing to Corporate Registry Services Pty Ltd. You will need to provide the following information:

For changes to your address:

- your full name
- your shareholder number
- your old address
- your new address
- you must also sign the request

For changes to your name:

- your old name
- your address
- your shareholder number
- your new name
- original documentary evidence (or copy certified by a Justice of the Peace) of your change of name, such as:

- marriage certificate
- deed poll, or
- certificate of registration on change of name (for corporations)
If you are sponsored by a broker, in both cases, your notice in writing must be sent to your sponsoring broker.


Lost Certificates/Statements
Shareholders should inform Corporate Registry Services Pty Ltd immediately, in writing, so that a replacement certificate/statement can be arranged.

Removal from the Annual Report Mailing List
Shareholders can nominate not to receive an Annual Report by writing to Corporate Registry Services Pty Ltd. Shareholders will continue to receive all other shareholder information including Notice of Annual General Meeting and Proxy.


Company Information
The Annual Report is the major source of information for investors in Pasminco. Other publications for shareholders are:

- Report of the Annual General Meeting which includes the Chairman’s Address and Managing Director’s Review of Operations

- Half-yearly results summary which reviews the December half year.

Further information and publications about the Company’s operations are available on request from the Company Secretary:

Tel: +61 3 9288 0426
Fax: +61 3 9288 0406

or by writing to the Melbourne address.


Web-Site
Pasminco has a web site accessible through the Internet.

All publications sent to shareholders, and other public releases, including the 1998 Annual Report can be accessed in this way.

Our address is www.pasminco.com.au.

Click here to download PDF files of:

- Operations at a Glance (excerpt from Annual Report 1998)
- Production 5-Year Summary (excerpt from Annual Report 1998)
- Performance 10-Year Summary (excerpt from Annual Report 1998)

or

- Pasminco Annual Report 1998 (full report including the above excerpts)

Click here to download Adobe Acrobat PDF Reader

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