Staff Reporters

Sale of Aspen's 50% interest in Aspen Financial Resources Ltd was completed on 18 February 2005

Sale of Aspen's 50% interest in Aspen Financial Resources Ltd was completed on 18 February 2005

Announced its maiden sales in the United States for both its "Creatures of Leisure" and "WEST" surfwear clothing and accessory products.

General Meeting will be held in Function Rooms 1 & 2 at Technology Park Function Centre, 2 Brodie-Hall Drive, Bentley WA at 10.00am  on Wednesday 23 March 2005

General Meeting will be held at Parmelia Hilton, Mill Street, Perth, Western  Australia on 31 March 2005 at 10.00 am.

Announced the placement of 12,720,000 fully paid ordinary shares at 11 cents each to clients of Patersons.

Has entered into an underwriting agreement with Euroz Securities Ltd in respect of a placement of 27.87 million shares at $3.05 per share to raise $85.0 million.

A placement of 5,486,395 fully paid ordinary shares has been arranged by D J Carmichael Pty Ltd to raise $274,320.

This week’s Professional Services Player is Clayton Utz, ranked in the WA Business News Book of Lists as WA’s seventh largest law firm.