CTI LOGISTICS LIMITED — AGM Information 2009

Oct 22, 2009

NOTICE OF ANNUAL GENERAL MEETING

CTI LOGISTICS LIMITED ABN 69 008 778 925

Notice is hereby given that the Annual General Meeting of the members of CTI Logistics Limited ("the Company") will be held at 1 Drummond Place, West Perth, Western Australia at 5:00 pm on Thursday, 26 November 2009.

ORDINARY BUSINESS

FINANCIAL STATEMENTS

To receive and consider the Financial Statements and the reports of the directors and of the auditors for the year ended 30 June 2009.

To consider and if thought fit, pass the following resolutions as ordinary resolutions.

ADOPTION OF REMUNERATION REPORT 1.

To adopt the Company's remuneration report for the year ended 30 June 2009.

Note: the vote on this resolution is advisory and not binding on the directors or the Company.

RE-ELECTION OF MR DAVID ANDERSON MELLOR AS A DIRECTOR $2.$

That Mr Mellor, who retires by rotation in accordance with the Company's Constitution and, being eligible, offers himself for re-election, be re-elected as a director of the Company.

APPROVAL TO INCREASE MAXIMUM AMOUNT ABLE TO BE PAID TO NON-EXECUTIVE DIRECTORS 3.

That, pursuant to Clause 10.2 of the Company's Constitution and for the purposes of Listing Rule 10.17 and for all other purposes, the maximum aggregate remuneration able to be paid by the Company to nonexecutive directors (as a whole) be increased by \$200,000, from \$100,000 per annum to \$300,000 per annum with effect from 1 July 2009.

Voting Exclusion: In accordance with Listing Rules 10.17 and 14.11, the Company will disregard any votes cast on this Resolution by a non-executive director or by an associate of a non-executive director. However, the Company need not disregard a vote if it is cast by a person as a proxy for a person who is entitled to vote, in accordance with the directions on the proxy form, or is cast by the person chairing the meeting as a proxy for a person who is entitled to vote, in accordance with the direction on the proxy form to vote as the proxy decides.

A Proxy Form accompanies this Notice of Meeting.

By order of the board.

D A Mellor SECRETARY 23 October 2009

• NOTE: * A member of the Company entitled to attend and vote is entitled to appoint not more than two Proxies to attend the Annual General Meeting and vote on his/her behalf. Where more than one Proxy is appointed, each Proxy must be appointed to represent a specified proportion of the member's voting rights. A Proxy need not be a member of the Company.
• To be effective, the Proxy Form must be properly completed and signed by the member or his Attorney duly authorised in writing or, if the member is a body corporate, either in any manner permitted by the Corporations Law or under the hand of an officer or attorney duly authorised in writing by the member.
• The Proxy Form and any Power of Attorney under which it is signed or a notarially certified copy thereof, or a facsimile transmission copy thereof must be received by the Company at its registered office not less than 48 hours before the time of the Annual General Meeting.
• The directors have determined in accordance with Regulation 7.11.37 of the Corporation Regulations 2001 that, for the purposes of attending and voting at the meeting, shares will be taken to be held by the registered holders at 5pm on Tuesday, 24 November 2009.

The Secretary

CTI LOGISTICS LIMITED ABN 69 008 778 925

Registered Office: 1 Drummond Place West Perth, Western Australia 6005 Facsimile: (08) 9227 8000

CTI Loaistics Limited 1 Drummond Place WEST PERTH WA 6005 I/We ……………………………………………………………………………………………… of.................................... being a member/members of CTI Logistics Limited hereby appoint.................................... of.................................... or failing him/her .................................... of.................................... or failing him/her, the Chairman of the Meeting as my/our Proxy to vote for me/us and on my/our behalf at the Annual

General Meeting of the Company to be held at 1 Drummond Place, West Perth, Western Australia on Thursday, 26 November 2009 at 5:00 pm and at any adjournment thereof.

If two Proxies are being appointed the proportion of my/our voting rights that each Proxy is appointed to represent is as set out above.

Note: If you wish to direct your Proxy how to vote in respect of the proposed resolution, you should tick the appropriate box below. Otherwise your Proxy may vote as he/she thinks fit or abstain from voting.

ORDINARY RESOLUTIONS	FOR	AGAINST	ABSTAIN
1. To adopt the remuneration report		$ $
2. To re-elect Mr David Mellor as a director of the Company		$\begin{array}{ c c c c c c c c c c c c c c c c c c c$
3. To approve an increase in maximum amount able to be paid to non-executive directors $\boxed{\phantom{a}}$
day of Signed this

Signature of member(s)....................................

• NOTE: * A member of the Company entitled to attend and vote is entitled to appoint not more than two Proxies to attend the Annual General Meeting and vote on his/her behalf. Where more than one Proxy is appointed, each Proxy must be appointed to represent a specified proportion of the member's voting rights. A Proxy need not be a member of the Company.
• * To be effective, the Proxy Form must be properly completed and signed by the member or his Attorney duly authorised in writing or, if the member is a body corporate, either in any manner permitted by the Corporations Law or under the hand of an officer or attorney duly authorised in writing by the member.
• * The Proxy Form and any Power of Attorney under which it is signed or a notarially certified copy thereof, or a facsimile transmission copy thereof must be received by the Company at its registered office not less than 48 hours before the time of the Annual General Meeting.
• Proxies lodged in favour of the Chairman which do not contain a direction on how to vote will be exercised by the Chairman in favour of the resolutions.
• The directors have determined in accordance with Regulation 7.11.37 of the Corporation Regulations 2001 that, for the purposes of attending and voting at the meeting, shares will be taken to be held by the registered holders at 5pm on Tuesday, 24 November 2009.