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Request for Suspension of Trading

29 December 2003

Gympie Gold Limited is seeking a suspension of trading in its shares for an indefinite amount of time.

The suspension is requested due to a worsening over the past few days of the “heating” event at the Southland Colliery, which was outlined in the announcement dated 24 December 2003.

The Company is presently evaluating the situation and will make a further announcement as soon as practical.

Gympie Gold Limited is not aware of any reason why the suspension should not be granted.




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Last Modified: Monday, 29-Dec-2003 13:08:14 EST