KCN 0.00% 40.0¢ kingsgate consolidated limited.

KCN brings in " a corker"

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    as I indicated some time ago

    CHAIRMAN'S STATEMENT FOR GENERAL MEETING - 2 AUGUST 2002

    The unaudited consolidated net profit for the year to 30 June 2002
    for Kingsgate Consolidated NL was AUD$30 million. Of course, there
    is no tax payable due to the project's tax-free status. This
    represents 7 month's production from the company's Chatree gold mine
    in Thailand of 91,185 oz of gold and 353,146 oz of silver. In light
    of this excellent result, your Board is pleased to announce a maiden
    unfranked dividend, for the period, of 15 cents per share to be
    payable on 28 October 2002 to all shareholders registered by 23
    September 2002 (the Record Date).
 
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