Staff Reporters

Advise that 8,342,353 Fully paid ordinary shares were released from escrow 0n 29 May 2007.

Today completed a small share placement of 35,000,000 Fully Paid Ordinary Shares at an issue price of 1.2 cents per share to sophisticated and private investors, raising a total of AUD$420,000.

THE Town of Cottesloe claimed a victory last week against construction giant Multiplex after the Court of Appeal overturned a State Administrative Tribunal decision approving a 6-storey development pr

ADVANCED Ocular Systems Ltd has announced major board changes ahead of a planned restructuring.

Advanced Ocular Systems Ltd - Simon Carroll has resigned as managing director and CEO and Finian MacCana has resigned as non-executive director.

ETRADE Australia Ltd ceased to be a substantial shareholder.

Peter Francis Meagher became a substantial shareholder with a relevant interest of 6,500,050 ordinary shares (7.065%).

Merrill Lynch & Co inc increased its relevant interest from 33,688,015 ordinary shares (8.14%) to 40,324,677 ordinary shares (9.74%).

G Santalucia Investment Pty Ltd decreased its relevant interest from 33,000,000 ordinary shares (7.26%) to 23,000,000 ordinary shares (5.06%).

Announced that it has secured over $10 million worth of new projects in the oil & gas sector in both domestic and international markets.

General Meeting will be held at Ground Floor, 8 Colin St, West Perth, on 29 June 2007 at 12.00pm.

COMMUNICATIONS equipment developer Wavenet Ltd has appointed its long serving chief financial officer Brett Roelofsen as acting general manager, following the resignation of chief executive Richard Ti

Rachel Webber has been appointed special counsel of Jackson MacDonald Lawyers’ corporate transactions team.

The Financial Services Institute (Finsia) is holding a seminar on professional indemnity and legal liability issues for financial advisers, June 13 at the Sheraton Hotel.

Strike Resources Ltd became a substantial shareholder with a relevant interest of 28,750,000 ordinary shares (35.7%).

G Santalucia & G Santalucia Investments Pty Ltd became a substantial shareholder with a relevant interest of 8,640,087 ordinary shares (5.2%).

CommodiTel Ltd, CommodiTel (Australia) Pty Ltd., Just Mobile Telecoms Pty Ltd increased its relevant interest from 10,000 ordinary shares (0.0057%) to 35,332,287 ordinary shares (20.14%).

Rockfield Investments Ltd and its subsidiaries changed its relevant interest from 73,045,158 ordinary shares (18.0%) to 73,045,158 ordinary shares (15.7%).

Has placed 8,000,000 shares to overseas investors at an issue price of 12.6 cents per share.The amount raised in the placement was $1,007.994, less 5 % placement fee.

Extraordinary General Meeting will be held at Level 2,47 Colin Street, West Perth WA, on Wednesday l l July 2002 at 11.00am.

DIVERSIFIED resources company RMA Energy Ltd says legal claims brought against it by the administrators of Ansett Australia have been dropped.

Becton has appointed David Ellwood as investment manager WA, with principal responsibilities for the asset management of the company’s existing portfolio and new acquisitions.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australian (CCI) with the support of the WA Government’s Department of

Profit Billion Group Ltd became a substantial shareholder with a relevant interest of 10,000,000 ordinary shares (12.95%).

Barclays Global Investors Australia Ltd increased its relevant interest from 7,212,258 ordinary shares (6.37%) to 9,180,004 ordinary shares (8.01%).

UBS Nominees Pty Ltd & its related bodies corporate increased its relevant interest from 10,810,547 ordinary shares (6.94%) to 14,432,690 ordinary shares (8.62%).

Announce the signing of an agreement to acquire the remaining 50% of shares in Anji Ya Feng Bamboo Products Ltd.

General Meeting will be held at The Celtic Club, 48 Ord Street, West Perth, at 10.00am, 29 June 2007.

IBT Education Ltd has boosted its executive team by recruiting Edith Cowan University deputy vice chancellor John Wood.

ASX code: ZNC, Issue price: $0.20, First days close: $0.375, Principal activities: zinc exploration, Corporate: Gary Ernest Comb (non-executive chairman), Stanley Allan Macdonald (non-executive direct

Carol Coletta, president and CEO of CEOs for Cities, to speak at a Property Council luncheon, June 22 at the Hyatt Regency.

Ausbil Dexia Ltd became a substantial shareholder with a relevant interest of 12,965,000 ordinary shares (7.91%).