EGRAY
Energy Resources of Australia Ltd.

Energy Resources of Australia Ltd (ERA) mines uranium ore and produces drummed uranium oxide at its Ranger mine 260 kilometres east of Darwin in Australia's Northern Territory. ERA sells its product to power utilities in Asia, Europe and North America under strict international and Australian Government safeguards. The Company aims to maintain long term relationships with customers to meet their energy needs and help reduce their risks through reliable supply of high quality product. ERA also holds title to the Jabiluka deposit, situated 22 kilometres north of Ranger. The Ranger Project Area and the Jabiluka lease are located on Aboriginal land. The conditions for mining at Ranger and Jabiluka are set out in agreements made with the Northern Land Council on behalf of the Mirarr Traditional Owners under the Federal Aboriginal Land Rights (Northern Territory) Act 1976. Rio Tinto, a diversified resources group, owns 68.4 per cent of ERA shares. The balance of the Company's shares are publicly held and traded on the Australian Stock Exchange.