PRESS RELEASES

Regarding Consolidated Minerals Limited

04 Dec 2007 -

Pallinghurst announces sale of Consolidated Minerals Limited

27 Nov 2007 -

Pallinghurst Extends Offer Period

21 Nov 2007 -

Pallinghurst Response to Palmary's A$4.70 Shareholder Letter

14 Nov 2007 -

Pallinghurst Recommends that CSM Shareholders Take No Action Yet

13 Nov 2007 -

Pallinghurst Withdraws Top-Up Payment Alternative but Reservers Right to Extend or Increase Offer for CSM

26 Oct 2007 -

Pallinghurst Queries Palmary's Limited Confirmation

25 Oct 2007 -

Pallinghurst Confirms it is not the Owner of the Undisclosed Shareholding in CSM

17 Oct 2007 -

Pallinghurst Welcomes Palmary's Unconditional Offer for CSM - Pallinghurst Top-Up Now Available

16 Oct 2007 -

Pallinghurst Considers Palmary Statements to be "Tactical" and Aimed at Killing Off Auction for CSM

12 Oct 2007 -

Clarification of Pallinghurst Final Statement

12 Oct 2007 -

Pallinghurst Announces Increased Unconditional Cash Offer of A$4.50 per CSM Share

06 Sept 2007 -

Pallinghurst Announces Increased Unconditional Cash Offer of A$4.10 per CSM Share

05 Sept 2007 -

Pallinghurst Declares Offer for Consolidated Minerals Unconditional

29 Aug 2007 -

Pallinghurst Increases Off-market Offer to A$3.60 - On-Market Order to be Withdrawn

28 Aug 2007 -

Pallinghurst Confirms it has potential holdings in Consolidated Minerals of up to 10%

27 Aug 2007 -

Pallinghurst Declares No Further Voluntary Offer Extension

20 July 2007 -

Pallinghurst Announces Recommended A$915M All-Cash Offer for Consolidated Minerals

25 June 2007 -

Revised Proposal to Consolidated Minerals Shareholders

28 May 2007 -

Cooperation Agreement with AMCI and Investec

23 Feb 2007 -

Agreement to purchase 60% of Consolidated Minerals (ASX: CSM)