Oilex NL - 28/07/2006

Confirm that following Shareholders’ approval at a General Meeting held this morning, a total of 23,600,000 fully paid ordinary shares have been allotted at 85 cents per share raising gross proceeds of A$20,060,000.

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6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE9,064
10th-The University of Notre Dame Australia6,708
46 tertiary education & training providers ranked by total number of students in WA

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