REPUBLIC GOLD DIRECTOR MR GREG BARNS AND CHAMELEON MINING NL

October 5th, 2004

On the 17th and 24th of September this year Pierpont’s column in the Australian Financial Review has commented upon a company called Chameleon Mining NL and its Managing Director, Mr Greg Barnes. In addition, the magazine Gold & Minerals Gazette July 2004 edition, published a story on Chameleon Mining NL in which it published in error a photograph of Mr Greg Barns, a Director of Republic Gold Ltd.

Mr Greg Barns, a non-executive director of Republic Gold Limited, has never had any association with Chameleon Mining NL.

The confusion due to the similarity of names has caused some concerns among shareholders of Republic Gold.

For more information, please contact: Greg Barns (gbarns@republicgold.com.au) on 0419 691 846 or John Kelly (jkelly@republicgold.com.au) on 0418 577 579.

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