Bounty Industries

Advise that 20,000,000 fully paid ordinary shares will be released from escrow on April 30, 2007.

Advises that 20,000,000 Fully paid ordinary shares will become unrestricted with effect from 30 April 2007.

Howard & Leith Dawson ceased to be a substantial shareholder

General Meeting will be held at Level 1, 89 St Georges Terrace, Perth at 10.00am (WST) on Monday, 7 March  2005 re merger with Bounty Industries.