Staff Reporters

FY Holdings Ltd changed its relevant interest from 650,000,000 ordinary shares (57.51%) to 650,000,000 ordinary shares (45.56%).

Is pleased to announce a placement of 2,500,000 ordinary shares at $0.20 each has been made to Institutional clients of Patersons Securities Ltd to raise $500,000.

Shares in iron ore minnows Cazaly Resources Ltd and Echelon Resources Ltd had a bumper day on the ASX, gaining 31 per cent and almost 26 per cent respectively.

Frank Brewer increased its relevant interest from 41,021,288 ordinary shares (6.29%) to 49,641,978 ordinary shares (6.76%).

Heron Resources Ltd changed its relevant interest from 29,729,730 ordinary shares (29.45%) to 29,729,730 ordinary shares (26.88%).

Advise that the six month escrow period for 300,000 ordinary shares will expire on 17 January, 2007.

Has completed a share placement to major shareholders to raise $1.7 Million

Extraordinary General Meeting will be held in Boardroom 2 of the Sofitel Wentworth Hotel, 61-101 Philip Street, Sydney NSW on Tuesday, 16 January 2007 at 9: 00am (ESST).

General Meeting will be held at the offices of the Company, Level 5, 33 York Street, Sydney on Thursday 8 February 2007 at 10.00am.

SHARES in engineering and investments group GRD Ltd jumped earlier this week, up 16 cents to $2.20 each on Tuesday, after reports it had been the latest subject of interest from Macquarie Bank.

ASX code: LTR, Issue price: $0.20, First days close: $0.27, Principal activities: base metals explorer, Corporate: Timothy R B Goyder (non-executive chairman), Andrew R Bantock (managing director), J

General manager of Group Training South West Inc Stan Liaros (pictured) has been reappointed as chairman of the South West Development Commission, after resigning in early 2006 for health reasons.

Jindalee Resources Ltd ceased to be a substantial shareholder.

Announce that it has received firm commitments for the placement of 120,000,000 shares at 1.9 cents per share to sophisticated investors in Australia and Singapore.

Advise that the Federal Court has this morning determined that both the Mount Newman Railway and the Goldsworthy Railway are not part of BHP Billiton’s “Production Process”.

Has completed a placement to investors by the issue of 47,222,223 shares at 1.8 cents per share, raising a total of $850,000

General Meeting will be held at 25 Charles Street, South Perth, commencing at 11.00am on Wednesday 31 January 2007

SUZANNE Ardagh has been appointed to the position of manager at the University of Notre Dame international relations office at the Fremantle campus.

Price: $500,000 Providing security and logistic support to the booming north-west/Burrup Peninsula region. Long-established contracts in place. Run from Perth with a full management team in place.

ASX code: TRH, Issue price: $0.20, First days close: $0.27, Principal activities: gold and iron ore exploration, Corporate: Ananda Kathiravelu (chairman), John Ceccon (director), Andrew Parker (direct

Ph: (08) 9260 8800, Fax: (08) 9225 6091

Joseph Michael Anthony Nardizzi became a substantial shareholder with a relevant interest of 44,796,040 ordinary shares (5.81%).

Ingot Entities decreased its relevant interest from 297,298,635 ordinary shares (34.78%) to 257,056,459 ordinary shares (30.04%).

Advises that on 5 January 2006, 3,100,000 ordinary fully paid shares will be released from escrow.

Have placed, a total of 81,893,238 fully paid ordinary shares at an issue price of A$0.29 per share to clients of Seymour Pierce, Westwind Partners Inc, Paradigm Capital Pty Ltd and Cartesian Capital

General Meeting will be held at Best Western Emerald Hotel, 24 Mount treet, Perth, 18 January 2007 at 9.00am.

General Meeting will be held at Level 3, 95 Coventry Street, South Melbourne, Victoria, 3205 on 9 February 2007 at 4 pm (Melbourne time).

BUSINESS think-tank, Committee for Perth, has appointed former Urban Development Institute of Australia WA executive director Marion Fulker as its chief executive.

ASX code: PIM, Issue price: $0.20, First days close: $0.58, Principal activities: December 27 - Oz Brewing Ltdmineral exploration, Corporate: Bruce Richard Hawley (chairman), Emilio Pietro Del Fante

Geoff Simpson has recently joined Change Corporation as senior consulting manager.

The Property Council is holding a market outlook luncheon to discuss the continuation of the boom of 2006 into 2007, February 16 at the Hyatt Regency.

Alster Pty Ltd , Michael Van Rens Financial Services Pty Ltd ceased to be a substantial shareholder.