Press Release

(1) Commencement of Quotation - Pioneer Permanent Building Society Limited (2) New Nominated Adviser - Gilshenan and Luton (3) New Floats (1) COMMENCEMENT OF OFFICIAL QUOTATION Pioneer Permanent Building Society Limited & Securities - (“PBS”) The Issuer was admitted to the official list of the Stock Exchange of Newcastle Limited on the 18th of March 2004. Official Quotation of the following securities will commence on Wednesday 31st March 2004. Principal Activities Financial Services Quoted Securities 1. PBS – 10,088,563 Fully Paid Ordinary 2. PBSHA – 77,000 (FV $100) 3. PBSHB – 9,716,439 (FV $1.00) Start of trading 11:00 am AEST, Wednesday 31st March 2004 ISIN AU000000PBS1, AU0000PBSHA4, AU0000PBSHB Registered Office: cnr Victoria & Macalister StreetsMackay QLD Australia 4740 Company Secretary Mr Larry Voltz Share Registry Pitcher Partners Registries Accounts Balance Date 30th June CHESS Participating CHESS UIC 75025 Restricted Securities NIL Nominated Adviser Gilshenan & Luton Sponsoring Brokers Cameron Stockbrokers Limited (2) NEW NOMINATED ADVISER As part of the listing of Pioneer Securities, Gilshenan & Luton have been registered as NSX nominated advisers. More informatgion about NSX Advisers can be found at http://https://www.nsx.com.au/advisers (3) NEW FLOATS The following companies have applied for admission to the official list of the NSX OHZ Opal Horizon Limited FPO Compliance Listing. No prospectus required. Proposed Listing Date: To be advised CME Croatian Media Ltd FPO Prospectus Closes: June, 2004 Proposed Listing Date: to be advised HDL Hindmarsh Resources Ltd FPO Prospectus Closes: Saturday, March 08, 2003 Proposed Listing Date: 8th April 2004 11:00am NMD New Millenium Publications Limited FPO Prospectus Closes: Friday, April 09, 2004 Proposed Listing Date: 26 April 2004 (offer closing) IIC Illuminator Investment Company Limited FPO Prospectus Closes: Thursday, May 27, 2004 Proposed Listing Date: 3 June 2004