Drilling Report

Aminex PLC 12 December 2003 AMINEX PLC ("Aminex" or "the Company") Drilling Update - Nyuni#1 Exploration Well, Offshore Tanzania Aminex PLC, the oil and gas company listed in London and Dublin announces that the Nyuni#1 well is making good progress. The well has reached 2,590 subsea in Turonian shale and 7.5/8th" casing is currently being set, as planned. The main Neocomian target is anticipated soon after drilling resumes. The Neocomian formation is the principal target for this well and is the reservoir present in the adjacent Songo Songo gas field. The well is planned to terminate in the top Jurassic formation which is now expected to be reached at a depth of around 3,300 metres by the end of December. Nyuni-1 is the first of two wells being drilled on the Nyuni offshore licence using an F200 rig owned by Dafora Drilling of Romania. The second well, Okuza-1, will test a separate but adjacent structure and will be drilled from nearby Okuza Island." Partners in the Nyuni#1 well are: Ndovu Resources Ltd. (Operator) 60% Petrom SA 30% Bounty Oil & Gas NL 10% Ndovu Resources Limited is a wholly-owned subsidiary of Aminex PLC. Petrom SA is the state oil company of Romania 12 December 2003 Enquiries: Aminex Brian Hall, Chief Executive +44 20 7240 1600 Didier Murcia, Aminex, Perth +61 8 9221 9844 College Hill Associates James Henderson +44 20 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange

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