Press Release

NSX Calls #24 - 13 January 2004 The NSX hopes that every one had an enjoyable Christmas and New Year. The NSX is looking forward to an exciting 2004. In this Issue (1) Commencement of Quotation - Octanex NL (OCT) (2) Change of Company Name - Waymouth Resources Limited (3) New Nominated Adviser - Hall Chadwick - Sydney (1) Commencement of Quotation - Octanex NL (NSXCODES: OCT, OCTOA & OCTOB) OCT was admitted to the official list of the Stock Exchange of Newcastle Limited on Monday 5th January 2004. Official Quotation of the following securities will commence on Friday 16th January 2004 at 11:00am AEST. Principal Activities: Petroleum Exploration Quoted Securities: Fully Paid Ordinary: 34,484,729 Options March 2005: 15,875,058 Options June 2008: 15,075,058 Total Securities 65,434,845 NSX Trading Codes: Fully Paid: OCT Options March 2005: OCTOA Options June 2008: OCTOB Start of trading: 11:00 am AEST, Friday 16th January 2004 NETS Abbreviation: Octanex NL Ord, Octanex NL Opt 05, Octanex NL Opt 08 ISINs: AU000000OCT0, AU0000OCTOA9, AU0000OCTOB7 Registered Office: Level 25500 Collins Street, Melbourne VIC 3000 Company Secretary: Mr David B Hill Share Registry: ASX Perpetual Registries Ltd Level 4333 Collins Street Melbourne VIC 3000 Tel: 61 03 9615 9947 Fax: 61 03 9651 9744 Accounts Balance Date: 30th June CHESS: Participating CHESS UIC: 60024 Restricted Securities: NIL Nominated Adviser: Salmon Giles Pty Ltd Sponsoring Brokers: Pritchard & Partners Pty Ltd (2) Change of Company Name - Waymouth Resources Limited (NSXCODE: WAY) At its EGM held on Monday 12th January 2004 shareholders approved the change in company name to Living Cell Technologies Limited (NSXCODE: LCT). The company will be in a trading halt from Tuesday 13th January 2004 until Friday 16th January 2004 inclusive. It is expected that trading will recommence under NSXCODE: LCT on Monday 19th January 2004 once administration details have been finalised. See the NSX website for more company announcements concerning this change and future updates. (3) New Nominated Adviser - Hall Chadwick - Sydney The NSX is pleased to announce that Hall Chadwick - Sydney Partnership has joined its network of registered Nominated Advisers. Information provided by Hall Chadwick is given below. Hall Chadwick Sydney is a large independent firm of chartered accountants and business advisers. The firm has an excellent reputation for providing high quality professional accounting services to its clients. Hall Chadwick’s corporate advisory services are provided by the Corporate Services entity, Hall Chadwick Corporate (NSW) Limited, which has long standing experience and an excellent reputation for providing high quality value for money services on time and within budget. Hall Chadwick has the capacity through extensive technology, capital, financial and human resources to undertake most assignments. Hall Chadwick provide the following services and advice: * Capital raisings, including broking and underwriting options; * Listing on the Stock Exchange of Newcastle, and the Australian Stock Exchange; * Debt financing; * Corporate financial management and restructuring options; * Mergers and acquisitions; * Valuations. For further information on the firm and the services provided visit www.hallchadwick.com.au.