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CODEIFAI LIMITED Share Issue/Capital Change 2005

Oct 16, 2005

64630_rns_2005-10-16_4f8db9ef-644f-484f-b4b3-c4d0582d01c6.pdf

Share Issue/Capital Change

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Company Announcements Office Australian Stock Exchange Limited Monday 17th October 2005 One Page

ASX Code: AUV

LISTING RULE 3,10A - RELEASE FROM ESCROW

We advise that during the period from 1 October 2005 until 31 October 2005, that 845,000 shares and 1,267,000 options will be released from restricted security agreements on dates as detailed in the table below. These shares and options were issued to seed investors and were subject to restriction agreements for 12 months from date of issue.

Date of Expiry of Restriction Agreement Number of Number of Options,
Ordinary Shares dated 31 December 2006
19 October 2005 145,000 217,500
22 October 2005 350,000 525,000
29 October 2005 350,000 525,000
Total released October 2005 (Note 1) 845,000 1,267,000
Remaining on escrow at 31 October 2005 51,925,001 2,887,500
Released from escrow in previous months 10,925,000 16,387,500
Total initially escrowed 62,850,001 19,275,000

Note $1 -$ Shares and options will be released from escrow by the ASX 10 business days after the date of this notice.

Contact: Anthony Damianos Executive Director & CEO

Telephone: +612 8908 5988
Facsimile: +612 8908 5977
Web: www.australismining.com.au

Australis Mining Corporation Limited ABN 68108649421 Level 35, 3504 100 Miller Street North Sydney NSW 2060 Telephone +612 8908 5988 Facsimile +612 89085977 Email [email protected] Web: www.australismining.com.au