Trading Halt on the Australian Securities Exchange

18th Dec 2008 07:00

18 December 2008AIM MarketLondon Stock Exchange10 Paternoster SquareLondon EC4M 7LSDear Sirs,

Oilex Ltd ("the Company") wishes to announce that trading in its ordinary shares on the Australian Securities Exchange ("ASX") has been halted pending an announcement in relation to completion of an equity financing. Such announcement is currently expected to be made within the next two days, after which trading in the Company's shares will resume on the ASX. The Company's shares will continue to trade on the AIM market during this period.

Yours sincerely,Max D.J. CozijnCompany Secretary

RFC Corporate Finance Ltd acts as Oilex's Nominated Adviser - contact Stuart Laing +618 9480 2506.

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Related Shares:

OEX.L