BOOM LOGISTICS LIMITED — Capital/Financing Update 2008

Jun 5, 2008

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Press Release

Standard & Poor’s Announces June Quarterly Rebalance to the S&P/ASX Indices

Sydney, June 6, 2008 — Standard & Poor’s Index Services, the leading provider of equity indices in Australia, today announced that the following constituent additions and deletions will take place in the S&P/ASX indices from the close of trade June 20, 2008.

The S&P/ASX 200 and the S&P/ASX All Australian 200 index hierarchy is the only index suite that is considered for additions and deletions as part of the June quarterly rebalance. As a result, index removals are limited to the pyramid structure of the S&P/ASX 200 and the S&P/ASX All Australian 200.

There were few securities eligible for inclusion into the S&P/ASX 200 portfolio this quarter. In spite of several stocks meeting the necessary size requirements, the essential liquidity hurdles were not met. “We are seeing strong liquidity limited to stocks at the top-end of the market, with small-cap securities trading thin on a relative basis,” said Simon Karaban, associate director at Standard & Poor’s Index Services. “The S&P/ASX 200 is a tradable instrument, therefore it is paramount that liquidity is firmly controlled, therefore restricting the number of stocks that can be promoted.”

S&P/ASX 20 No Change

S&P/ASX 50 No Change

S&P/ASX 100

ADDITIONS MGX MOUNT GIBSON IRON LIMITED QGC QUEENSLAND GAS COMPANY LIMITED

REMOVALS CNP CENTRO PROPERTIES GROUP AFG ALLCO FINANCE GROUP LIMITED

www.standardandpoors.com.au

S&P/ASX 200

ADDITIONS NWH NRW HOLDINGS LIMITED PLA PLATINUM AUSTRALIA LIMITED REMOVALS AED AED OIL LIMITED TSI TRANSFIELD SERVICES INFRASTRUCTURE

S&P/ASX All Australian 50 – No Change

S&P/ASX All Australian 200

ADDITIONS NWH NRW HOLDINGS LIMITED PLA PLATINUM AUSTRALIA LIMITED REMOVALS BOL BOOM LOGISTICS LIMITED TSI TRANSFIELD SERVICES INFRASTRUCTURE

Company additions to and deletions from a Standard & Poor’s index do not in any way reflect an opinion on the investment merits of the company. Information about the S&P/ASX index methodology is available at www.standardandpoors.com.

About Standard & Poor’s

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.au

For more information contact:

Simon Karaban, Index Services Sharon Beach, Media Tel (61) 2 9255 9875 Tel (61) 3 9631 2152