PASMINCO LIMITED (Administrators Appointed) and Controlled Entities
ACN 004 368 674
ADMINISTRATORS’ REPORT

The Administrators present their report on the consolidated entity comprising Pasminco Limited (Administrators Appointed) and its controlled entities for the half-year ended 31 December 2001.

On 19 September 2001 Pasminco Limited and all wholly owned Australian subsidiaries, except Pasminco Superannuation Pty Limited, were placed into Voluntary Administration. In accordance with the Corporations Act 2001, upon commencement of the Administration all powers of the Directors and officers of the Company were suspended and the Administrators assumed control of the Group, its business and assets. As from 19 September 2001, the Directors and officers have only performed functions or exercised powers with the written approval of the Administrators.

Accordingly, all references in this Administrators’ Report and the financial statements to activities of the Group or decisions affecting its business or assets after 19 September 2001 should be to such activities of the Group while in administration or decisions of the Administrators.

P McCluskey
Administrator
Melbourne, 29 August 2002

Click here to download Administrators Report - Pasminco Half Year Results to
31 December 2001

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