LABTAM LIMITED (LAB)

name changed to New Age Exploration Limited

the five resolutions considered at the General Meeting (see details below) today were carried by way of a show of hands as ordinary resolutions

provides notice of a General Meeting to be held at the offices of the Institute of Chartered Accountants on 20 July 2006 at 10.00 am (Melbourne time) at Level 3, 600 Bourke Street, Melbourne, Victoria - the directors want shareholders to approve a change of activities (to be a joint-venture explorer and prospector with Jervois Mining Limited). (b) To approve the public issue - priority to shareholders - of up to12.5M fully-paid 20c shares to support that activity. (c) To approve the participation of directors in the issue. (d) To change the company name to New Age Exploration Limited.

releases half yearly accounts

Jervois Mining Limited has executed a `Heads of Agreement' with Labtam Limited under which Labtam can earn up to 60% in 5 Exploration Licence Applications, 6 granted Prospecting Licences and 2 Prospecting Licence applications - this Agreement is subject to the successful re-listing of Labtam Limited

applies for the quotation of an additional 2.1m ordinary shares

company advises that Gary Anderson has resigned as a director, effective 27 April 2006

agreement in principle has been reached with Jervois Mining Limited, subject to various conditions, that Labtam earn up to a 60% interest in three (3) Exploration Licenses and seven (7) Prospecting Licences (by spending a minimum of $1.5 million over three years) that are currently held by Jervois Mining Limited

company changes its registered office and principle place of business to Level 10, 500 Collins Street MELBOURNE VIC 3000 - there has been NO change to the company's telephone number, facsimile number and email address

at today's annual general meeting, resolutions 1 to 5 were carried by way of proxy as ordinary resolutions and resolution 6 was passed by way of proxy as a special resolution

company provides notice of the annual general meeting which is to be held at 10am on 17 February 2006 at Level 10, 500 Collins Street, Melbourne - the resolutions include proposals for the election of directors and the replacement of the auditors

company lodges its preliminary final report, half yearly report (and accounts) and annual report

company advises that it has appointed Mr Edwin Frank Stoyle to the board of directors

at the general meeting today, resolutions 1 and 2 were carried by way of a show of hands as ordinary resolutions

company provides a replacement Notice of Meeting, Explanatory Memorandum and Independent Expert's Report for a forthcoming shareholders meeting dated 10 August 2005 (the meeting scheduled for August 4 is cancelled)

provides Notice of Meeting to be held on 4 August 2005

prospectus terminated because the company did not achieve the minimum subscription

according to the supplementary prospectus, the offer closed on 29 March 2005 - why no release to the market since?

issues Supplementary Prospectus

prospectus issued to raise $2.5m for the purposes of acquisition of Labtam Pty Ltd and working capital

name changed from Heat Exchangers International Limited