SGZ.L Regulatory News (SGZ)

NOTICE UNDER s708AA OF THE ACT

The Company hereby notifies ASX under paragraph 708AA (2) (f) of the Corporations Act 2001 (Cth) (Act) that:

(a) the Company will offer the Shares for issue without disclosure to investors under Part 6D.2 of the Act;

(b) the Company is providing this notice under paragraph 2(f) of section 708AA of the Act;

(c) as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

(d) as at the date of this notice the Company has complied with section 674 of the Act;

(e) as at the date of this notice there is no information of the type referred to in sections 708AA(8) and 708AA(9) of the Act :

(i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

(ii) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

(A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

(B) the rights and liabilities attaching to the Shares; and

(f) the effect the Rights Issue has had on the control of the Company, and the consequences of that effect, are set out below:

P J Newcomb

COMPANY SECRETARY