Staff Reporters

Has issued 30,000,000 ordinary fully paid shares at an issue price of $0.03 per share to raise $900,000 before costs.

A second agreement has been entered in with Suncor Energy Inc., of Calgary, Alberta and others, to confirm and develop gas on Suncor acreage located in Alberta, Canada.

A key uranium tenement in Western Australia (E 09/1245) has been granted.

General Meeting will be held at Ground Floor, 1 Altona Street, West Perth on 1 May 2006 at 9.00am

FLEETWOOD Corporation Ltd’s manufactured accommodation subsidiary, Fleetwood Pty Ltd, has been awarded a $7.5 million contract to manufacture and deliver 50 Park Homes for the BHP Billiton Ravensthorp

Franchise book store located in well-known shopping centre. Excellent opportunity. Jim Goodwin: 9481 4422 GMO WA’s Business Broker

Proposed code: ROY, Issue price: $0.20, Principal activities: iron ore, gold exploration, Corporate: Rick Crabb (non-executive chairman), Frank DeMarte (executive director), Brian Richardson (non-exec

Vantage Systems Pty Ltd has appointed Shirley Routley as western region manager based in their West Perth office.

Thorney Holdings Pty Ltd ceased to be a substantial shareholder

Poh Choo Lim became a substantial shareholder with a relevant interest of 23,381,550 ordinary shares (41.10%)

Credit Suisse Holdings Australia Ltd increased its relevant interest from 23,006,984 ordinary shares (5.32%) to 28,024,725 ordinary shares (6.48%)

Mackenzie Financial Corporation decreased its relevant interest from 7,221,449 ordinary shares (6.68%) to 6,721,449 ordinary shares (5.59%)

785,000 ordinary shares fully paid are due for release from escrow on 12 April 2006

The Federal Court has informed QPSX that the Court ordered mediation in respect of QPSX’s case against Ericsson has been listed for Friday 26 May 2006

The Annual General Meeting will be held in the Grand Ballroom, Burswood Convention Centre, Great Eastern Highway, Burswood, Western Australia, on Wednesday 3 May 2006 at 2.00pm WST

AS China’s economic boom continues, Chinese Premier Wen Jiabao was in Australia this week to sign landmark agreements with Prime Minister John Howard on safeguards that may lead to multimillion-dollar

CPA Australia members with a three-year undergraduate degree can now get licenses to work in the United States.

ASX code: CHN, Issue price: $0.22, First days close: $0.23, Principal activities: gold exploration, Corporate: Andrew Bantock (executive chairman), John McIntyre (executive director), Tim Goyder (non-

SAS Institute Australia Pty Ltd has appointed Tim Sinnaeve as state manager WA.

187 Great Eastern Highway, BELMONT, WA 6104 mPh: (08) 9475 6900, Fax: (08) 9475 6901

Metage Capital Ltd became a substantial shareholder with a relevant interest of 4,350,000 ordinary shares (8.67%)

DKR Oasis Management Company LP & DKR Soundshore Holding Fund Ltd became a substantial shareholder with a relevant interest of 8,047,316 ordinary shares (6.07%)

Kaplan Funds Management Pty Ltd increased its relevant interest from 6,621,985 ordinary shares (12.59%) to 8,282,686 ordinary shares (15.94%)

Thorney Holdings Pty Ltd changed its relevant interest from 262,149,424 ordinary shares (13.72%) to 332,149,424 ordinary shares (12.19%)

100% owned US subsidiary, St.

Is to purchase the business of Western Australian-based specialty boat-builder, Flatout Boats Pty Ltd, the designer and manufacturer of an innovative “folding” boat.

General Meeting to be held at 10.30am on Tuesday, 2 May 2006, at the Traders Lounge, Hyatt Regency Perth, 99 Adelaide Terrace, Perth.

IT was an awesome task, but someone had to do it. Over 40 wines to be tasted over just a couple of hours, with a vineyard tour in between, followed by lunch, its a mission the Note can appreciate.

Niche products exported to Asia and Africa. Owner retiring & will assist. Easy to expand. Profit $250K Plant $450K. Roz Baker: 9471 8163 or 0417 990 441 Fortune Business Marketing

Proposed code: ICV, Issue price: $0.20, Principal activities: biotechnology, Corporate: Dr Tracy Mynott (director), Samuel Willis (director), David McAuliffe (director), Dr Patrizia Washer (director),

RETIRED former chief of the Singapore Armed Forces, Lieutenant-General Ng Jui Ping, announced the development of a $250 million resort at Port Kennedy, 30 minutes south of Perth.

Blue Shoe Event Management in conjunction with Tristan’s the Gallery is organising a charity art auction, May 13 at the Perth Convention Exhibition Centre.