Staff Reporters

Completed a placement of 5,166,666 shares at 3 cents each pursuant to a private placement.

THE two leading players in Western Australia’s $200 million a year pearling industry last week entered into a long-term strategic arrangement to expand their exclusive south sea pearling operations.

Proposed code: SHA, Issue price: $0.20, Principal activities: gold exploration, (08) 9225 5544, The company aims to raise $2.6 million

Simon Vickers has been appointed as consulting manager of Change Corporation. Mr Vickers joins Change from Deloitte and Andersen where he spent seven years in senior consulting roles.

This information is a general overview about fuel tax credit for potential new fuel tax credit clients. http://ato.gov.au/distributor.asp?doc=/content/75150.htm Published: June 13 2006

Danny Tak Tim Chan became a substantial shareholder with a relevant interest of 15,500,818 ordinary shares (9.09%)

Worldpower Pty Ltd became a substantial shareholder with a relevant interest of 1,450,000 ordinary shares (5.68%)

Offers have closed fully subscribed

Will sell its cabling division to the KLM Group for an upfront cash consideration of $2.25 million

Perth-based oil junior Impress Ventures Ltd has appointed Eddy Buckovic to the position of chief executive following the departure of current chief executive Rob Hall from the company.

Perth-based designer, installer and supplier of commercial interiors and office furniture. Established 1975.

Proposed code: APP, Issue price: $0.50, Principal activities: investment portfolio administration service provider, Corporate: Paul I Malcolm (managing director), Paul Tzaikos (non-executive director

Canning Bridge Commercial Centre, Suites 11-13, First Floor, , 890 Canning Highway, APPLECROSS, WA 6153, PO Box 1207, CANNING BRIDGE, WA 6153, Ph: (08) 9315 0400, Fax: (08) 9315 0401

David Muir pleaded guilty this week in the District Court of Western Australia on seven charges of making improper use of his position as a company director.

Roger James Gollan Lewis became a substantial shareholder with a relevant interest of 3,008,571 ordinary shares (7.52%)

Arkenstone Pty Ltd changed its relevant interest from 6,805,866 ordinary shares (15.4112%) to 15,659,226 ordinary shares (15.2079%)

Exploration licences 52/1812, 52/1813 and 52/1819 (the “Jigalong Project”), covering an area of 617 km 2 , have been granted

Has allotted 95 million shares predominately to British, North American, Asian and domestic institutional clients of Hartleys Ltd.

TWO-THIRDS of Western Australians intend to either buy a new home, or renovate, within the next 12 months, according to new survey details released by the Housing Industry Association.

Proposed code: YRR, Issue price: $0.20, Principal activities: uranium exploration, Corporate: Denis McInerney (non-executive chairman), John Geary (executive director and company secretary), David Dre

Cameron Lockley has been appointed as leasing executive in Savills’ commercial leasing team. Mr Lockley previously worked as a property manager for Colliers.

The following pages provide information about the proposed changes to the excise treatment of biodiesel. http://ato.gov.au/distributor.asp?doc=/content/74398.htm Published: June 13 2006

The Property Council is holding an informative breakfast seminar on the council’s newly released ‘Guide to Office Building Quality’, June 28 at the Parmelia Hilton Hotel.

Sempra Energy became a substantial shareholder with a relevant interest of 31,500,000 ordinary shares (5.03%)

Arkenstone Pty Ltd became a substantial shareholder with a relevant interest of ordinary shares (%)

Keith & Shelagh Liddell changed its relevant interest from 5,041,140 ordinary shares (10.04%) to 5,041,140 ordinary shares (9.13%)

Acquires Paterson Project in Western Australia

THE Western Australian Institute for Medical Research has appointed Dr Roop Judge as an executive officer to Professor Lyle Palmer in the Laboratory for Genetic Epidemiology.

Premium location in main east-west thoroughfare in fast growing Mandurah, providing a complete range of products to the fishing and camping markets with the support of separate strong buying groups.

Proposed code: NRU, Issue price: $0.20, Principal activities: uranium exploration, Corporate: Martin Blakeman (managing director), Mark Maine (non-executive chairman), Greg Miles (non-executive direct

NEWS Corp Ltd and TNT Ltd were close to reaching a deal this week 10 years ago on the sale of Western Australian charter arm of Skywest Aviation as part of a sell-off of their non-core aviation assets

General interest charge (GIC) rates announced for the current financial year. Revised to include rates for the first quarter of the 2006-07 income year - June 7 2006.