NO.015

NO OBJECTION RAISED TO MITSUI’S ACQUISITION OF REMAINING INTEREST IN MOURA

MINE

I have decided to raise no objections under the Government’s foreign investment

policy to a proposal by Mitsui Moura Investment Pty Ltd or MMI No. 3 Ltd (Mitsui)

to acquire Coal & Allied Industries Limited’s 55 percent interest in the

Moura Mine in Queensland. The proposal would provide Mitsui with an 100% holding.

Under the Foreign Acquisitions and Takeovers Act, proposals will be approved

unless contrary to the national interest.

CANBERRA

12 April 2002