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CHANGE OF NAME AND COMPANY TYPE

20th Sep 2006 07:00

OILEX LTD20 September 2006Alternative Investment MarketLondon UKDear Sir/Madam,RE: CHANGE OF NAME & COMPANY TYPEFurther to Shareholder approval obtained at a General Meeting on 28 July 2006,with effect as from 8 September 2006, the Company's name has changed from OILEXNL to OILEX LTD and the Type of Company has changed from a No Liability Companyto a Limited Company and remains a Public Company.For and on behalf of the BoardM.D.J. CozijnDirector/Secretarycc: Directors ABN 50 078 652 632 Level 3, 50 Kings Park Road West Perth WA 6005 Australia, PO Box 588 West Perth WA 6872 Australia Telephone: (+61 8) 9226 5577 Facsimile: (+61 8) 9226 2108 Email: [email protected] Web: www.oilex.com.au ENDOILEX NL

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