Summit Resources Ltd

Paladin holds 176,183,754 shares in Summit Resources Ltd (Summit) (ASX Code: SMM) representing 82.05% of the issued capital of Summit, acquired through an on-market bid which completed in July 2007. Further information on Summit can be found at www.summitresources.com.au.

Board of Directors

Brendan O'Hara Executive Chairman
Malcolm Randall Non-executive Director
David Berrie Non-executive Director
Gillian Swaby Company Secretary

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Level 4, 502 Hay Street, (Po Box 201)
Subiaco Western Australia 6008

Phone

+61 (8) 9381 4366

Fax

+61 (8) 9381 4978