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REQUEST FOR SUSPENSION

22nd Jun 2006 10:15

OILEX NL22 June 2006Alternative Investment MarketLondon UKDear Sir/Madam,RE: REQUEST FOR SUSPENSIONFurther to the company's announcement this morning about a trading halt on theASX, we herewith request that the Company's securities be suspended on AIMpending the release of an announcement, which is expected to be made bycommencement of trading Monday 26 June 2006.For and on behalf of the Board.M.D.J. CozijnCompany Secretarycc: DirectorsLevel 3, 50 Kings Park Road West Perth Western Australia 6005 P.O. Box 588 West Perth Western Australia 6872 Telephone (61 8) 9226 5577 Facsimile (61 8) 9226 2108 email: [email protected] www.oilex.com.au ENDOILEX NL

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