ANNOUNCEMENTS

2005 Announcements

19 December, 2005

07 December, 2005

06 December, 2005

05 December, 2005

NEW ISSUE

Available as a PDF File (112K)

22 November, 2005

CONSTRUCTION COMMENCES AT CIBALIUNG GOLD PROJECT

The Directors are pleased to announce that site construction has commenced at the Company’s Cibaliung Gold Project in Indonesia. The commencement of work on site was marked by a traditional Ground Breaking Ceremony held last week at the site of the portal to the underground mine. The ceremony was attended by over 200 people including leaders of the local community, government officials and Company representatives.

Traditional Ground Breaking Ceremony at Cibaliung Gold Project with Box Cut site in Background

This start to site construction marks an important, milestone for Austindo with production scheduled in Quarter 4 of 2006 and occurs at a time of gold price reaching 18 year highs.


Yours sincerely


Ian L Price
Managing Director
22 November 2005


ABOUT AUSTINDO RESOURCES CORPORATION NL (ARX)

Formed in 1983, Austindo Resources Corporation NL is an Australian listed gold company focussed on developing projects in Indonesia. The company’s key project is Cibaliung, a high-grade epithermal gold/silver vein system located southwest of Jakarta in Banten Province, western Java. Production at Cibaliung is expected to begin during calendar 2006, with an annual production rate of 70,000 oz (gold equivalent) at an average life of mine cash operating costs of about US$200 per ounce.

Two key strategic alliances in Indonesia are taking Austindo closer to achieving its growth objective. In association with Anglo American Group, the company is exploring for large porphyry copper/gold deposits in Papua, and also has a significant joint venture interest with PT Sumber Mineral Nusantara in the Pekalongan tenement in Central Java, an area prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung project.

Also available as a PDF File (244K)

21 November, 2005

ISSUE OF A$4.0 MILLION OF CONVERTIBLE NOTES

Austindo Resources Corporation NL ("ARX" or the "Company") is pleased to announce that it has agreed to issue A$4.0 million of Convertible Notes ("Notes") to clients of Austock Corporate Finance Limited and to Macquarie Bank Limited.

The unlisted Notes will have a 3 year term, carry a 10% annual coupon and are convertible into ordinary fully paid shares at the Note Holder's election at any time at a price of 6.0 cents, a 30% premium to the current market price. ARX has a right of early redemption after 2 years.

The Notes are to be issued to satisfy ANZ Bank project finance requirements to demonstrate additional capacity to fund contingencies that may arise during construction of the mine. In addition the Directors believe that it is prudent to ensure that sufficient funds are available to the Company to address some increases in costs, in particular fuel, which has also been impacted in Indonesia by the removal of government subsidies.

The Company has completed the acquisition of the gold processing plant located at the Mount Olympus Mine near Paraburdoo in Western Australia which will be relocated to Cibaliung. Aker Kvaerner has been awarded a contract for engineering services to relocate the plant.

In Indonesia, a Mining Authorisation and land use permits for the Cibaliung project have now been granted. First gold production is expected in the fourth quarter of 2006.


Yours sincerely

Ian L Price
Managing Director
21 November 2005


ABOUT AUSTINDO RESOURCES CORPORATION NL (ARX)

Formed in 1983, Austindo Resources Corporation NL is an Australian listed gold company focussed on developing projects in Indonesia. The company's key project is Cibaliung, a high-grade epithermal gold/silver vein system located southwest of Jakarta in Banten Province, western Java. Production at Cibaliung is expected to begin during calendar 2006, with an annual production rate of 70,000 oz (gold equivalent) at an average life of mine cash operating costs of less than US$200 per ounce.

Two key strategic alliances in Indonesia are taking Austindo closer to achieving its growth objective. In association with Anglo American Group, the company is exploring for large porphyry copper/gold deposits in Papua, and also has a significant joint venture interest with PT Sumber Mineral Nusantara in the Pekalongan tenement in Central Java, an area prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung project.

Also available as a PDF File (52K)

01 November, 2005

Austindo Resources Corporation NL ("Austindo") is pleased to advise that Aker Kvaerner Australia has been awarded a contract for engineering services to relocate the Mount Olympus gold processing plant from Western Australia to its Cibaliung Gold Project in Indonesia.

This appointment will contribute to ensuring that capital costs associated with the development of the project are inline with Austindo's expectations and provide an opportunity to achieve cash flow for the project on a timely basis.

Aker Kvaerner Australia Pty Ltd will provide engineering services to enable successful transfer of the plant from Mt Olympus in Western Australia to Cibaliung, located south west of Jakarta on the island of Java, Indonesia.

Aker Kvaerner will also engineer and procure additional equipment for addition to the plant required to process the ore.

The engineering work will be carried out by Aker Kvaerner's offices in Melbourne and Perth, Australia.

Aker Kvaerner Australia is a leading total lifecycle provider of project and plant services, providing innovative and technology based solutions to its customers in the Mining & Metals, Oil & Gas, Refining & Chemicals, and Pulp & Paper industries.

First gold production from Cibaliung is expected in the 4^th Quarter 2006.



Ian L. Price
Managing Director
1 November 2005


ABOUT AUSTINDO RESOURCES CORPORATION NL (ARX)

Formed in 1983, Austindo Resources Corporation NL is an Australian listed gold company focussed on developing projects in Indonesia. The company's key project is Cibaliung, a high-grade epithermal gold/sliver vein system located southwest of Jakarta in Banten Province, western Java. Production at Cibaliung is expected to begin during calendar 2006, with an annual production rate of 70,000 oz (gold equivalent) at an average life of mine cash operating costs of less than US$200 per ounce.

Two key strategic alliances in Indonesia are taking Austindo closer to achieving its growth objective. In association with Anglo American Group, the company is exploring for large porphyry copper/gold deposits in Papua, and also has a significant joint venture interest with PT Sumber Mineral Nusantara in the Pekalongan tenement in Central Java, an area prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung project.

In addition, Austindo has an investment in Australian properties through its 44.6% interest in Alexander Resources Limited, which is exploring for gold in the Central Victorian Goldfields.

Also available as a PDF File (56K)

05 September, 2005

ACQUISITION OF GOLD PROCESSING PLANT COMPLETED

MINING AUTHORISATION GRANTED

In Indonesia, another important milestone has been achieved. The Bupati of Pendeglang has granted a Mining Authorisation for Cibaliung. Similar to a Mining Lease, the Company has now successfully secured the necessary environmental and mining approvals and is now in the process of finalising a land use application and other permits prior to commencing earthworks on site at Cibaliung.

Yours sincerely



Ian L Price, Managing Director & CEO
5 September 2005

ABOUT AUSTINDO RESOURCES CORPORATION NL (ARX)

Formed in 1983, Austindo Resources Corporation NL is an Australian listed gold company focussed on developing projects in Indonesia. The company's key project is Cibaliung, a high-grade epithermal gold/sliver vein system located southwest of Jakarta in Banten Province, western Java. Production at Cibaliung is expected to begin during calendar 2006, with an annual production rate of 70,000 oz (gold equivalent) at an average life of mine cash operating costs of less than US$200 per ounce.

Two key strategic alliances in Indonesia are taking Austindo closer to achieving its growth objective. In association with Anglo American Group, the company is exploring for large porphyry copper/gold deposits in Papua, and also has a significant joint venture interest with PT Sumber Mineral Nusantara in the Pekalongan tenement in Central Java, an area prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung project.

In addition, Austindo has an investment in Australian properties through its 44.6% interest in Alexander Resources Limited, which is exploring for gold in the Central Victorian Goldfields.

Also available as a PDF File (56K)

01 August, 2005

Change of Director's Interest Notice - J. Carlile

Also available as a PDF File (20K)

01 August, 2005

Change of Director's Interest Notice - B. Watson

Also available as a PDF File (20K)

29 July, 2005

Merrill Lynch Becomes a Substantial Holder

Also available as a PDF File (88K)

28 July, 2005

Austindo Completes Second Tranche of Placement

Also available as a PDF File (568K)

27 July, 2005

Lion Selection Group increases stake in Austindo

Also available as a PDF File (76K)

26 July, 2005

SHARE PURCHASE PLAN RECEIVES STRONG SUPPORT

Austindo Resources Corporation NL (the "Company") is pleased to confirm that shareholders have strongly supported the Company's Share Purchase Plan ("SPP") which closed on Wednesday 20 July 2005.

The SPP entitled every shareholder in the Company (as at 15 June 2005) to each purchase up to $5,000 worth of shares at 3.6 cents per share. The Company received applications for 52,809,479 shares from 502 shareholders representing 72.8% of the funds sought by the Company under the SPP.

The Share Purchase Plan was capped to limit the number of shares that may be issued to 72,545,750 and was underwritten by Austock Corporate Finance Limited who will procure subscriptions for a further 19,736,271 shares taking the total funds raised under the SPP to $2,611,647.

The SPP was effected as part of a capital raising strategy to raise a total of $18.7 million to be applied as follows:

The shares to be issued pursuant to the SPP and the placements approved by shareholders at a general meeting held in Melbourne on 25 July 2005 are expected to be allotted together on Thursday 28 July 2005.


Yours sincerely

Ian L. Price
Managing Director
26 July 2005


ABOUT AUSTINDO RESOURCES CORPORATION NL (ARX)

Formed in 1983, Austindo Resources Corporation NL is an Australian listed gold company focussed on developing projects in Indonesia. The company's key project is Cibaliung, a high-grade epithermal gold/sliver vein system located southwest of Jakarta in Banten Province, western Java. Production at Cibaliung is expected to begin during calendar 2006, with an annual production rate of 70,000 oz (gold equivalent) at an average life of mine cash operating costs of less than US$200 per ounce.

Two key strategic alliances in Indonesia are taking Austindo closer to achieving its growth objective. In association with Anglo American Group, the company is exploring for large porphyry copper/gold deposits in Papua, and also has a significant joint venture interest with PT Sumber Mineral Nusantara in the Pekalongan tenement in Central Java, an area prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung project.

In addition, Austindo has an investment in Australian properties through its 44.6% interest in Alexander Resources Limited, which is exploring for gold in the Central Victorian Goldfields.

Also available as a PDF File (28K)

25 July, 2005

Outcome of General Meeting
25 July 2005

The Company held a General Meeting in Melbourne today in accordance with a Notice of Meeting and Explanatory Statement issued to all shareholders.

The resolutions before the meeting related to certain aspects of the capital raising announced by the Company on 15 June 2005 to a place 447.9 million ordinary fully paid shares in the Company at 3.6 cents per share raising A$16.1 million for the development of the Cibaliung Gold Project and the Company's exploration activities in Indonesia.

The resolution to approve (post issue) a placement of 84,340,000 shares at 3.6 cents effected on 20 June 2005 was passed by a show of hands.

Proxy details in respect of this resolution were as follows:

i) there were 255,255,285 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii) there were 0 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii) there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution;

iv) there were 4,951,155 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion;

i) there were 255,229,660 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii) there were 25,625 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii) there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution;

iv) there were 4,951,155 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion;

i) there were 168,108,127 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii) there were 50,000 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii) there were 233,508,244 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution;

iv) there were 4,951,155 proxy votes granted to proxies other than the Chairman in respect of which the appointments specified that the proxy may vote at the proxy's discretion;

Yours sincerely


Andrew J Cooke
Company Secretary

Also available as a PDF File (112K)

23 June, 2005

RESIGNATION OF PIETER GREEFF AS DIRECTOR

APPOINTMENT OF BRUCE WATSON AS CHAIRMAN

At the Company's Annual General Meeting held on 30 May 2005 Mr. Pieter Greeff advised that he would be stepping down as Chairman and resigning as a Director of Austindo as part of an orderly restructuring of the Board once the Company had embarked on the next stage of the development of the Cibaliung Gold Project.

As the Company has recently completed the equity raising for the development of the Cibaliung Gold Project, Mr. Greeff has tendered his resignation as a Director of the Company effective 30 June 2005. Pieter has indicated that he will follow Austindo with interest and looks forward to it achieving its goal of gold producer status and that it will continue to capitalise on its significant strengths in Indonesia.

The Board wishes to confirm its appreciation for Pieter's contribution to the Company's progress over the last 4 years. Pieter continues as a director of Alexander Resources Limited in which Austindo maintains a 44% interest.

The Board has resolved to appoint Mr. Bruce Watson as Chairman of the Board with immediate effect. Bruce has extensive corporate and commercial experience and a commercial insight derived from his diverse and comprehensive background across the Australian banking and investment community and his high level of technical capability within the core areas of legal and financial structuring. Bruce is Managing Director of Cubic Corporate Advisory Pty Limited and was previously Head, Corporate Advisory & Equities at Westpac Institutional Bank and prior to that he was a founding director of Grant Samuel Associates Pty Limited. The Board considers these skills to be invaluable as the Company proceeds to development of the Cibaliung Gold Project and continues its growth strategy in Indonesia.



Ian L. Price
Managing Director
23 June 2005

Also available as a PDF File (92K)

22 June, 2005

AUSTINDO COMPLETES FIRST TRANCHE OF PLACEMENT

TO FUND DEVELOPMENT OF CIBALIUNG GOLD PROJECT AND EXPLORATION ACTIVITIES IN INDONESIA

On 15 June 2005 Austindo Resources Corporation NL ("ARX" or the "Company") announced that Austock Corporate Finance Limited had undertaken a placement of 447.9 million ordinary fully paid shares in the Company at 3.6 cents per share to raise A$16.1 million ("Placement") for the development of the Cibaliung Gold Project and the Company's exploration activities in Indonesia.

The Company is pleased to announce that Tranche 1 of the Placement, raising A$3.0 million, has been completed. Tranche 1 was comprised of 84.3 million shares placed using the Company's 15% placement capacity. The Company's Appendix 3B is annexed hereto.

The placement was made to new and existing institutional and sophisticated investors pursuant to Section 708 of the Corporations Act 2001. All of the shares issued under the placement will rank pari passu with existing ordinary shares.

In accordance with Section 708A (5)(e) of the Act, the Company gives notice that:

• The Company has issued these shares without disclosure to the placees under Part 6D.2 of the Act;
• As at the date of this notice, the Company has complied with:

• the provisions of Chapter 2M of the Act as they apply to the Company;
• Section 674 of the Act

• As at the date of this notice there is no excluded information (as defined in Section 708A (7) of the Act) which is required to be disclosed by the Company.

Tranche 2 - comprised of 363.6 million shares at 3.6 cents raising A$13.1 million is subject to shareholder approval. A Notice of Meeting will be despatched to shareholders at the earliest opportunity.


Andrew J. Cooke
Company Secretary
22 June 2005

Appendix 3B (PDF File - 192K)

17 June, 2005

AUSTINDO RESOURCES CORPORATION NL ("ARX")
TO PURCHASE GOLD PROCESSING PLANT
FOR CIBALIUNG GOLD PROJECT

Austindo Resources Corporation NL (Austindo) is pleased to announce that it has agreed to purchase the gold processing plant located at the Mount Olympus Mine near Paraburdoo, Western Australia from Sipa Exploration NL.

Austindo has had the processing plant independently inspected revealing that it in very good condition having been on care and maintenance for the past 12 months. The processing plant will be relocated to the Cibaliung Gold Project (84% Austindo at 31 December 2004) in Banten Province western Java, Indonesia.

The purchase price of the Mount Olympus processing plant is AUD$2.575 million. The overall cost, including modifications and transportation, is expected to be less than that allowed for in the Cibaliung Gold Project Feasibility Study where costs estimates were based on all new equipment.

Importantly the acquisition of this plant will also provide a higher degree of certainty in the timing and cost of deliverability, at a time when many other projects are being adversely impacted by rising costs and longer lead times in construction due to delays in the delivery of new equipment. The purchase includes all construction drawings, operating and maintenance history and a significant inventory of spare parts.

Austindo has made a non-refundable payment to Sipa to secure Sipa's undertaking not to negotiate or deal with any other parties in respect of sale of the plant until 31 August 2005. This payment will be set off against the purchase price on settlement. A Contract of Sale is to be agreed for execution by the parties at the earliest opportunity.

The plant was designed (with relocatability as an underlying criterion) and built in 1994 by Signet Engineering Pty Ltd for Lynas Gold NL. It was originally located at Lynas Find south of Port Hedland operating for three years before being relocated by J R Engineering Services to the Mt Olympus site where it operated until cessation of milling in March 2004. The plant's availability has been better than average, in large part due to the well engineered design and good maintenance and operating practices. At the time of shutdown all aspects of the plant were operational and the shutdown was conducted with a view to restarting operations. At both sites the process water was of high quality which is reflected in the superior condition of the plant in comparison with processing plants that have operated with saline process water.

The Cibaliung Project is being developed by PT Cibaliung Sumberdaya - a joint venture company in which Austindo is entitled to an 83.76% interest as at 31 December 2004 and PT Antam Tbk ("Antam") holds a 16.24% interest. The project is a high grade epithermal gold and silver and will operate for at least six years producing 70,000 ounces gold (equivalent) per annum based on current resources.

The Company announced on 15 June 2005 that it had successfully arranged to raise A$16.1 million by way of placement for the development of the Cibaliung Gold Project and the Company's exploration activities in Indonesia. With the completion of this equity funding and the US$26.0 million (A$34.0 million) project finance to be provided by ANZ Investment Bank, the Company will be in a position to fund the development of the Cibaliung Gold Project.

The development of the Cibaliung Gold Project will see Austindo achieve its stated objective of gold producer status.

The Cibaliung Gold Project will be the foundation of Austindo's activities in Indonesia. In addition Austindo has recently achieved two further steps in its growth strategy when it secured a significant joint venture interest in a new exploration area in Central Java, where the target is gold silver deposits similar to Cibaliung, and by joining with the Anglo American Group in a Strategic Alliance to explore for large porphyry copper gold deposits in Papua.

Yours sincerely


Ian L Price
Managing Director & CEO
17th June 2005

Also available as a PDF File (108K)

15 June, 2005

LION SELECTION GROUP - Lion invests an additional $4.5 million in Austindo Resources

Also availaable as a PDF File (24K)

15 June, 2005

AUSTINDO ANNOUNCES PLACEMENT AND SHARE PURCHASE PLAN TO FUND DEVELOPMENT OF CIBALIUNG GOLD PROJECT AND EXPLORATION ACTIVITIES IN INDONESIA

Introduction

Austindo Resources Corporation NL ("ARX" or the "Company") is pleased to announce that Austock Corporate Finance Limited has undertaken a placement of 447.9 million ordinary fully paid shares in the Company at 3.6 cents per share to raise A$16.1 million ("Placement") for the development of the Cibaliung Gold Project and the Company's exploration activities in Indonesia.

With the completion of this equity funding and the US$26.0 million (A$34.0 million) project finance to be provided by ANZ Investment Bank, the Company will be in a position to fund the development of the Cibaliung Gold Project located in the Province of Banten in Java, Indonesia.

The Company expects to commence construction at Cibaliung when final permits required by local regulatory authorities have been granted. The Company recently announced that the Bupati of Pandeglang, responsible for the granting of environmental permits, had issued a decree confirming environmental authorisation to proceed with the development of the mine at Cibaliung in accordance with the Company's development plan. First gold production is expected to be achieved in 2006.

Placement

The placement has been made to new and existing institutional and sophisticated investors pursuant to Section 708 of the Corporations Act 2001. The Company is pleased to report that its three major shareholders have made significant additional investments with PT Austindo Nusantara Jaya Group, Lion Selection Group Limited and Mike Diemar each respectively agreeing to subscribe for $5.0 million, $4.5 million and $0.2 million in new shares via the Placement.

All of the shares issued under the placement will rank pari passu with existing ordinary shares.

The placement has been structured as follows:

• Tranche 1 - comprised of 84.3 million shares placed using the Company's 15% placement capacity, raising A$3.0 million; and
• Tranche 2 - comprised of 363.6 million shares placed subject to shareholder approval to raise A$13.1 million.

In addition to tranche 2, shareholders will also be asked to approve the issue of shares to the related parties participating in the Placement, being PT Austindo Nusantara Jaya Group, John Carlile and Bruce Watson. The Notice of Meeting is currently being reviewed by ASX and is expected to be mailed to shareholders at the earliest opportunity.

Share Purchase Plan

The Board is also pleased to confirm that it has resolved to offer shareholders as at 15 June 2005 the opportunity to participate in a Share Purchase Plan which will also be priced at 3.6 cents per share. This will entitle shareholders in the Company to each purchase up to $5,000 worth of shares irrespective of the size of their shareholding.

The Share Purchase Plan will be capped to limit the number of shares that may be issued to 72.5 million raising a further A$2.6 million. Austock Corporate Finance Limited has also agreed to fully underwrite the Share Purchase Plan. Full details of the Share Purchase Plan will be confirmed at the earliest opportunity.

Use of Proceeds

The total of $18.7 million to be raised from the Placement and the Share Purchase Plan are to be applied as follows:

The Cibaliung Project

The Cibaliung Project is being developed by PT Cibaliung Sumberdaya - a joint venture company in which ARX was entitled to an 83.76% interest as at 31 December 2004 and PT Antam Tbk ("Antam") held 16.24% interest.

Key development and production parameters for the Cibaliung Gold Project are:

• Mine life of 6 years with a production rate of 220,000 tonnes per annum with recovery of gold and silver by a conventional CIL processing plant;
• Mining will be by conventional underground cut and fill stoping with decline access;
• Annual production of approximately 70,000 ozs gold equivalent;
• Average life of mine cash operating costs of less than US$200/oz.

The development of the Cibaliung Gold Project will see the Company achieve its stated objective of gold producer status. The Cibaliung Project will be the foundation of the Company's activities in Indonesia.

New Developments

The Company has recently announced two further developments which will build on this foundation in Indonesia and which are expected to contribute to the Company's strategy to develop into a significant mining house focused on Indonesia where it has strong relationships and expertise:

• a new exploration area in Central Java, known as Pekalongan, has been granted in which the Company will have a significant joint venture interest. The Pekalongan KP is located near to Semarang and covers an area of 5,618ha. The Pekalongan KP area is prospective for low sulphidation epithermal gold/silver deposits similar to the Cibaliung Gold Project. Exploration at Pekalongan will start in the very near future and it is expected that targets could start to be drill tested in the second half of this year

• the formation of a Strategic Alliance with Anglo American Group to explore for large copper/gold porphyry deposits in the West Papua (formerly Irian Jaya). Together with Anglo, the Company believes that these areas are highly prospective for large copper gold porphyry deposits and the Alliance has the potential to add very significant value to Austindo.

The Company is now well placed to establish a significant presence as a producer and explorer in Indonesia.

Yours sincerely



Ian L. Price
Managing Director
15 June 2005

Also available as a PDF File (148K)

23 May, 2005

Austindo Resources Corporation NL ("Austindo") is pleased to announce that a new exploration area in Central Java has been granted in which it will have a significant joint venture interest. This represents another step in Austindo's strategy to achieve growth in Indonesia.

The new tenement area, known as Pekalongan, has been granted under a Kuasa Pertambangan ("KP") (Bupati Pekalongan Decree No. 545/90 of 2005) which is held by PT Sumber Mineral Nusantara and will be joint ventured with Austindo.

The Pekalongan KP is located near to Semarang and covers an area of 5,618ha. The Pekalongan KP area is prospective for low sulphidation epithermal gold/silver deposits similar to Company's developing gold project at Cibaliung in Banten Province, Java. Pekalongan is one of several areas that Austindo's geologist have targeted for this style of mineralisation with which Austindo has significant knowledge and expertise. Exploration at Pekalongan will start in the very near future and it is expected that targets could start to be drill tested in the second half of this year.

The granting of this new tenement forms part of Austindo's strategy to develop into a significant mining house focused on Indonesia where it has strong relationships and expertise. An application for a second area which compliments this strategy has also been lodged and is pending.

Austindo's Indonesian growth strategy is founded on:

• Bringing the Cibaliung Gold Project (Austindo 84%) into production in 2006 with construction poised to start soon. Cibaliung is to be funded by a combination of debt and equity and ANZ Investment Bank has obtained Credit Committee approval for a US$26 m facility. The project is based on annual production of 70,000 ounces initially. Exploration is ongoing and increases in resources could increase the size of the project to at least 100,000 ounces per annum. Austindo also announced recently that environmental approval has been granted for the project to commence.

• Utilising Austindo's Indonesian relationships and expertise to explore epithermal gold systems for new deposits, initially on Java. The granting of Pekalongan KP heralds an expansion in exploration activity in Indonesia that is expected to generate new project opportunities for the Company in the future.

• Austindo announced on 20th May 2005 the formation of a Strategic Alliance with Anglo American Group to explore for large copper/gold porphyry deposits in the Provinces of Papua and West Irian Jaya (formerly collectively known as Irian Jaya) in Indonesia. Together with Anglo, Austindo believes that these areas are highly prospective for large copper gold porphyry deposits and the Alliance has the potential to add very significant value to Austindo - and work has now commenced in this regard.

These recent events bring together several important steps in Austindo's growth strategy.

Austindo's Managing Director Mr Ian Price said, "Indonesia's improved climate for investment has not gone unnoticed and international interest is growing. Our relationships and expertise place have us well placed to develop new mining opportunities and these latest steps demonstrate our ability to deliver."


Yours sincerely,


Ian L Price
Managing Director & CEO
Austindo Resources Corporation NL
23rd May 2005

23 May, 2005

Austindo Resources Corporation NL is pleased to announce the appointment of Mr. Mike Diemar as an Advisor to the Board. Mr. Diemar will advise the Board on a range of matters including issues relating to the acquisition and development of new projects.

Mr. Diemar has over 40 years experience, primarily in gold exploration and mine development for gold throughout Australia and South East Asia and is a Member of the Australasian Institute Mining & Metallurgy and a Member of the Geological Society of Australia.

As a former Managing Director of Kingsgate Consolidated Ltd., Mr. Diemar was closely associated with the exploration and development of the Chatree low-sulphidation epithermal gold deposit in central Thailand.

Mr. Diemar and associates are substantial shareholders of the Company. The Board welcomes the appointment of Mr. Diemar and looks forward to the contribution that he will make to the future growth of the Company.



Pieter Greeff
Chairman
23 May 2005

20 May, 2005

Austindo Resources Corporation NL ("Austindo") has entered into a Strategic Alliance Agreement ("Alliance") with PT Minorco Services Indonesia ("Minorco") of the Anglo American Group ("Anglo") to explore for large copper gold porphyry deposits in the Provinces of Papua and West Irian Jaya (formerly collectively known as Irian Jaya) in Indonesia.

Key elements of the Alliance are summarised as follows:

• Anglo will sole fund exploration expenditure and has an initial 80% interest in projects while Austindo retains a 20% interest;

• Austindo is carried (not free carried) through to a Decision to Mine - with 10% of all predevelopment costs to be repaid by Austindo out of project proceeds (non-recourse to Austindo);

• If following completion of a Feasibility Study, Anglo makes a Decision to Mine then a Joint Venture shall be formed and each of Anglo and Austindo shall participate (and fund capital expenditure) according to their 80/20 project interests. Austindo dilutes if it does not contribute;

• In the event that a resource of less than one million tonnes of contained copper equivalent or 1 million ounces of gold is identified, then Anglo may elect that such project shall either revert to Austindo on an 80/20 basis (with Austindo holding 80%) or that 100% be transferred to Austindo with Anglo retaining a 2% NSR;

• The Alliance is for a initial term of 3 years;

• If interests associated with the Tahija family of Indonesia as major shareholder of Austindo cease to hold a relevant interest in at least 20% of Austindo then Anglo may require Austindo to sell its interest in the Alliance at agreed value or value determined by independent expert;

Together with Anglo, Austindo believes that the Provinces of Papua and West Irian Jaya are highly prospective for large copper gold porphyry deposits. The Alliance has the potential to add very significant value to Austindo and it looks forward to working with Anglo in this regard.

Yours sincerely
Ian L. Price
Managing Director
20 May 2005
5.15 pm AEST

10 May, 2005

Austindo Resources Corporation NL ("Austindo") is pleased to advise that the Bupati of Pandeglang, responsible for the granting of environmental permits in relation to the development of the Cibaliung Gold Project, has issued a decree confirming environmental authorisation to proceed with the development of the mine in accordance with the Company's development plan. This approval allows the Company to finalise other permits required by local regulatory authorities and reflects the achievement of a further crucial step towards construction at Cibaliung, which is due to commence in June 2005.

As the Company moves towards its objective of achieving gold producer status, the Managing Director - Mr. Ian Price will be making Investor Presentations to institutions in London, Europe and Australia. A copy of the Company's Investor Presentation is annexed hereto. The presentation summarises key aspects of the Cibaliung Gold Project and highlights Austindo's strategy to achieve growth through the expansion of its activities in Indonesia. Applications have been made on the Company's behalf for two exploration areas in Java, where the targets are shallow epithermal gold deposits similar to Cibaliung and the Company is also seeking to establish itself through new relationships in other prospective regions of the country.

The Company is also pleased to advise that it has appointed Austock Corporate Finance Limited to advise on capital raising alternatives going forward.



Pieter W. Greeff
Chairman
10 May 2005

28 April, 2005

Notice of Annual General Meeting

NOTICE is given that the Annual General Meeting of the Company will be held at Le Meridien at Rialto Hotel, 495 Collins Street, Melbourne, Victoria at 10.00 a.m. on Monday 30 May 2005.

BUSINESS

1. Receipt of the Company's Financial Report and the Directors' Report and the Auditor's Report for the year ended 31 December 2004.
   
   
2. To re-elect Mr. George S. Tahija as a Director of the Company, who retires in accordance with the Constitution of the Company, and being eligible, offers himself for re-election.
   
   
3. To elect Mr. Bruce J. Watson as a Director of the Company, who having been appointed as a Director since the last Annual General Meeting, retires in accordance with the Constitution of the Company, and being eligible, offers himself for election.
   
   
4. To consider and, if thought fit, to pass the following resolution:
   
   "That the maximum aggregate remuneration which may be paid by the Company to its directors under Clause 17.1 of the Constitution be increased by $130,000 to a maximum sum of $250,000 a year."
   
   A voting exclusion statement is included at Section 2 of the attached Explanatory Memorandum.

By order of the Board
Andrew J. Cooke
Company Secretary

Proxies

• A shareholder entitled to attend and vote at this meeting is entitled to appoint a proxy or not more than 2 proxies to attend and vote instead of the shareholder.

• Where 2 proxies are appointed:
  
  (i) a separate Proxy Form should be used to appoint each proxy;
  (ii) the Proxy Form may specify the proportion, or the number, of votes that the proxy may exercise, and if it does not do so the proxy may exercise half of the votes.

• A shareholder can appoint any other person to be their proxy. A proxy need not be a shareholder of the Company. The proxy appointed can be described in the Proxy Form by an office held e.g. "the Chair of the Meeting".

• In the case of shareholders who are individuals, the Proxy Form must be signed:
  
  (i) if the shares are held by one individual, by that shareholder;
  (ii) if the shares are held in joint names, by any one of them.

• In the case of shareholders who are companies, the Proxy Form must be signed:
  
  (i) if it has a sole director who is also sole secretary, by that director (and stating the fact next to, or under the signature on the Proxy Form);
  (ii) in the case of any other company, by either 2 directors or a director and secretary.
  
  The use of the common seal of the company, in addition to those required signatures, is optional.
  

• If the person signing the Proxy Form is doing so under a power of attorney, or is an officer of a company outside those referred to above but authorised to sign the Proxy Form, the power of attorney or other authorisation (or a certified copy of it), as well as the Proxy Form, must be received by the Company by the time and at the place specified below.

• A Proxy Form accompanies this notice. To be effective, Proxy Forms (duly completed and signed) must be received by the Company at :
  
  
  (i) PO Box 259, Forestville NSW 2087;
  
  or
  
  (ii) by facsimile on +(61 2) 9415 6399,
  
  or
  
  (iii) at the Company's Head Office: Level 8 North Tower, 459 Collins Street, Melbourne VIC 3000
  
  no later than 24 hours before the time for the holding of the meeting.
  

Shareholders Who Are Entitled To Vote

• In accordance with the Corporations Act 2001 (Cth), the directors have determined that a person's entitlement to vote at the meeting will be the entitlement of that person set out in the register of members as at 7:00 pm on Friday 27 May 2005.

• A voting exclusion statement is included in Section 2 of the attached Explanatory Memorandum.

Explanatory Memorandum

1. RESOLUTION 4 - INCREASE DIRECTORS' FEES

1.1 Under the Constitution of the Company:

(a) the shareholders may at any time, by ordinary resolution, approve a fixed sum that may be paid in each financial year of the Company as "group directors' fees"; and

(b) "group directors' fees" means the remuneration of non-executive directors of the Company for their ordinary services as Directors (whether or not executive or other paid work is undertaken) of the Company and, if applicable, any of its wholly-owned subsidiaries at any time; and

(c) the Directors determine how much of the approved amount will be paid out as remuneration for the ordinary services of Directors and the division of that amount among the Directors is determined by the Directors (or, in default of determination), equally.

1.2 Shareholders approved of an aggregate annual amount for Directors fees of $120,000 at the Annual General Meeting of the Company held on 22 May 2001.

1.3 Your Directors propose that this aggregate annual amount be increased by $130,000 to $250,000, subject to the approval of shareholders.

1.4 Since 2001 the nature of the Company's activities has expanded significantly as the Company moves towards development of the Cibaliung Gold Project in Indonesia. This has resulted in a corresponding increase in the nature of the Board's activities and the potential extent of liabilities and responsibilities assumed by the Directors. In addition there has been an increase in the obligations on and liabilities of Directors arising from both statute and general law.

1.5 A voting exclusion statement is included at Section 2 of these materials.


2. VOTING EXCLUSION STATEMENT

All Directors and any associates thereof are excluded from voting on resolution 4 in the Notice of Meeting.

Accordingly, the Company will disregard any votes cast on resolution 4 by any Director or any of their associates, including Mr. Pieter W. Greeff, Mr. George S. Tahija, Mr. John C. Carlile, Mr. Ian L. Price, Mr. Christopher P. Melloy and Mr. Bruce J. Watson

However the Company need not disregard a vote if:

• it is cast by a person as proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; or
• it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the proxy form to vote as the proxy decides.

04 April, 2005

Austindo Resources Corporation NL ("Austindo") is pleased to announce the appointment of Mr. Bruce Watson as a non-executive director of the Company. Mr. Watson will also serve as a member of the Company's Audit Committee.

Mr. Watson brings extensive corporate and commercial experience to Austindo which the Board considers to be invaluable as the Company advances major debt and equity funding arrangements associated with the development of the Cibaliung Gold Project in Indonesia.

Mr. Watson is the Managing Director of Cubic Corporate Advisory Pty Limited and was previously Head, Corporate Advisory & Equities at Westpac Institutional Bank and prior to that a founding director of Grant Samuel & Associates Pty Limited.

Austindo welcomes Mr. Watson's experience and commercial insight derived from his diverse and comprehensive background across the Australian banking and investment community and his high level of technical capability within the core areas of legal and financial structuring.

Mr. Watson was also formerly a director of Austindo from 1998 until April 2001 and accordingly has an understanding of the Company and the history of its involvement in Indonesia.

The Board welcomes Mr. Watson and looks forward to the contribution that he will make to the future of the Company.



Pieter W. Greeff
Chairman
4 April 2005

31 March, 2005

Austindo Resources Corporation NL ("ARX") has received advice from ANZ Investment Bank confirming that credit approval has been granted for the provision of project finance facilities in the amount of US$26 million and associated hedging facilities for the development of the Cibaliung Gold Project.

The Cibaliung Gold Project is located in the Province of Banten in Java, Indonesia and is operated through a joint venture company - PT Cibaliung Sumberdaya ("CSD") in which ARX is entitled to an 83.76% interest as at 31 December 2004 and PT Antam Tbk ("Antam") retains a 16.24% interest.

Drawdown of funds from the bank under the proposed facility will be subject to the completion of loan documentation and satisfaction of conditions precedent. The bank has also agreed to provide additional cost overrun and working capital facilities.

ARX expects to raise additional equity funds in the near future which, together with the project debt facilities, will enable the commencement of construction in the first half of 2005 with first gold production in 2006. Commencement of construction also remains subject to obtaining project development permits and environmental approvals, the process of which is well advanced.

Key project parameters are:

• Mine life of 6 years with a production rate of 220,000 tonnes per annum with recovery of gold and silver by a conventional CIL processing plant;

• Mining will be by conventional underground cut and fill stoping with decline access;

• Annual production of approximately 70,000 ozs gold equivalent;

• Initial capital expenditure of some US$ 34 million;

• Average life of mine cash operating costs of less than US$200/oz.

Updates in relation to the development of the Cibaliung Gold Project will be released as further development milestones are achieved.

11 March, 2005

DIRECTOR RESIGNATION

Following the recent listing of Alexander Resources Limited (“Alexander” - ASX Code: AXD) Mr. Bruce Paterson has resigned as a Director of Austindo Resources Corporation NL (“Austindo” – ASX Code: ARX).

Mr. Paterson was instrumental in the listing of Alexander and this change will enable him to devote his attention to the management of Alexander in his role as the Company Secretary of Alexander.

The Board of Austindo wishes to express its gratitude for the contribution of Bruce has made to the Austindo since his appointment seven years ago and in particular to the successful listing of Alexander.


Pieter W Greeff
Chairman
11 March 2005

22 February, 2005

Austindo Resources Corporation N.L. (ARX) is pleased to advise that the IPO of Alexander Resources Limited (Alexander) closed on 9 February 2005, having raised over $3.17 million.

After allotment of shares and options arising from the IPO and the issue of 5 million new shares to complete the acquisition of the Tarnagulla tenements, ARX will hold approximately 44.6% of the Alexander shares on issue.    

Alexander has been admitted to the Australian Stock Exchange Limited (ASX), subject to fulfilment of a range of standard terms and conditions. Alexander will trade under the ASX code of "AXD".

Currently it is expected that the initial ASX Listing Date of Alexander's unrestricted shares and options will be Thursday 3 March, 2005.

Alexander has three substantial project areas in the world class Bendigo goldfields in central Victoria. Alexander has identified a number of shallow targets ready to be drilled, with drilling of the first target expected to commence before mid March.


Yours faithfully


Ian L. Price
Managing Director
22 February 2005

07 February, 2005

Alexander Resources Limited (Alexander) has advised that the closing date for all applications, including applications by Austindo Resources shareholders for their priority entitlement to shares in the Alexander Resources Limited IPO, has been extended to Wednesday 9 February 2005.

Alexander has three project areas in the world class central Victorian goldfields. The company has identified shallow targets ready to be drilled as soon as funds from the IPO become available.


Yours faithfully

Ian L. Price
Managing Director
7 February 2005

07 February, 2005

Austindo Resources Corporation NL ("ARX") is pleased to announce the achievement of a significant milestone in the development of the Cibaliung Gold Project. ARX and its joint venture partner - PT Antam Tbk, have agreed to mandate ANZ Investment Bank to provide project finance for the development of the Cibaliung Gold Project.

The Project is located in the Province of Banten in Java, Indonesia and is operated through a joint venture company - PT Cibaliung Sumberdaya ("CSD") in which ARX is entitled to an 83.76% interest as at 31 December 2004 and PT Antam Tbk ("Antam") retains a 16.24% interest.

The project financing offer received from ANZ Investment Bank remains subject to the bank's credit committee approval. Drawdown of funds under the proposed facility will be subject to the completion of loan documentation and satisfaction of conditions precedent.

ARX expects to raise additional equity funds which, together with the project debt facilities, will enable the commencement of construction in the first half of 2005 with first gold production in 2006. Commencement of construction also remains subject to obtaining project development permits and environmental approvals, the process of which is well advanced.

Key project parameters are:

• Mine life of 6 years with a production rate of 220,000 tonnes per annum with recovery of gold and silver by a conventional CIL processing plant;

• Mining will be by conventional underground cut and fill stoping with decline access;

• Annual production of approximately 70,000 ozs gold equivalent;

• Initial capital expenditure of some US$ 34 million;

• Average life of mine cash operating costs of less than US$200/oz.

The Company believes that, with the support of its partners and regulatory authorities in Indonesia, the Cibaliung Gold Project will commence operations in 2006 - confirming a significantly improved operating and investing environment in Indonesia.

Updates in relation to the development of the Cibaliung Gold Project will be released as further development milestones are achieved.

Yours sincerely


Ian L. Price
Managing Director
7 February 2005