On 30 March 2010, as the holder of more than 90% of the issued shares in Espreon Limited (Espreon), SAI Global Limited (SAI) lodged with ASIC a notice of SAI’s intention to compulsorily acquire the remaining ordinary shares in Espreon (Espreon Shares). The objection period associated with SAI’s proposed compulsory acquisition expired on 2 May 2010.

SAI attaches a list setting out the names of holders of the Espreon Shares who have objected to the compulsory acquisition of their shares, and details of the securities they hold, notwithstanding the fact that these objections were received by the Company on 3 May 2010, being technically after the expiry of the objection period.

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