IMPORTANT NOTICE

Before downloading or viewing the electronic copy of the Prospectus you must read this notice and indicate your agreement or otherwise with its terms.

Gulf Mines Limited (“GML”) ACN 059 954 317 has lodged a Prospectus dated 5th June 2007 (“Prospectus”) with the Australian Securities & Investments Commission (“ASIC”) a copy of which may be accessed via this web site. Neither ASIC nor the Australian Securities Exchange Limited (“ASX”) take any responsibility for the contents of the Prospectus or the investment to which it relates. No securities will be issued on the basis of the Prospectus later than 13 months after the date of the Prospectus.

The Prospectus contains important information relevant to the decision to invest in the securities and Applicants must read the Prospectus in full before an Application for Shares is made. The Prospectus is available for Australian residents on the Company's web site: www.gulfmines.com.au. Supplementary or replacement documents that GML issues during the Offer Period (if any) will also be available for Australian residents on the web site.

The Corporations Act 2001 prohibits any person from passing onto another person the Application form which is attached to the Prospectus unless the Application form is attached to, or accompanying, a complete and unaltered copy of the Prospectus. A person who gives another person access to the Application form must at the same time and by the same means give the other person access to the Prospectus or supplementary prospectus. Under the Corporations Act 2001 Shares may only be issued if the issuer has reasonable grounds to believe the Application form was included in or accompanied by the Prospectus when the Application form was distributed.

A paper copy of the Loyalty Options Prospectus will be provided free of charge to any person in Australia who requests a copy by contacting GML on (07) 4033 1805.

Instructions on the correct method of completing the Application form are included in the Prospectus and on the Application form itself. Investors are urged to carefully read the Prospectus prior to completing the Application form attached to or which accompanies the Prospectus.

WARNING

The dissemination of this Prospectus and the Application form in jurisdictions outside Australia may be restricted by law and persons in such jurisdictions in possession of the Prospectus should seek advice on, and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable Securities laws. The Prospectus does not constitute an offer in any jurisdiction in which, or to whom, it would not be lawful to make such an offer. The offer constituted by this Prospectus in electronic form is available only to persons receiving this Prospectus in electronic form, in its entirety, within Australia.

The Prospectus does not constitute an offer of securities in any jurisdiction, and does not constitute an offer to, or solicitation of an offer to buy, securities in the United States or in any other jurisdiction in which an offer or solicitation is not authorised, or is unlawful, or to any person to whom it is unlawful to make an offer or solicitation. Securities may not be offered or sold in the United States unless the securities have been registered under the US Securities Act of 1933, as amended (“the US Securities Act”). The Shares in the offering have not been, and will not be, registered under the US Securities Act.

To view and download the Prospectus please acknowledge agreement to these terms.

 

 

 

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