CTI LOGISTICS LIMITED — AGM Information 2010

Oct 21, 2010

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 Tuesday, 23 November 2010.

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 2010.

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 2010.

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

$2.$ RE-ELECTION OF MR PETER JAMES LEONHARDT AS A DIRECTOR

That Mr Leonhardt, 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.

ELECTION OF MR MATTHEW DAVID WATSON AS A DIRECTOR $\overline{P}$

That Mr Watson, a director appointed since the Annual General Meeting, being eligible, be elected as a director of the Company.

APPOINTMENT OF AUDITOR 4.

That KPMG be appointed as the Company's auditor.

The Corporations Act requires Shareholders in general meeting to approve the appointment of a new Auditor of the Company. A review of the external audit arrangements of the Company was completed by the Audit Committee and a formal tender was undertaken. Following completion of the review process the Company has select KPMG to become the next external Auditor of the Company, subject to receiving Shareholder approval. A copy of the notice of nomination of KPMG as Auditor of the Company, provided by a Shareholder, is included as Schedule 1 to this Notice.

Having received consent to act as Auditor from KPMG, Shareholders are asked to vote on the appointment of KPMG. If Shareholder approval is received, and subject to ASIC providing approval for PricewaterhouseCoopers to resign, KPMG will commence as Auditor of the Company from the close of the meeting.

A Proxy Form accompanies this Notice of Meeting.

By order of the board.

D A Mellor SECRETARY 22 October 2010

• 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 Friday, 19 November 2010.

Schedule 1 - Nomination of auditor

21 October 2010

Board of Directors CTI Logistics Limited 1 Drummond Place WEST PERTH WA 6005

Dear Sirs

Nomination of KPMG as new auditor of CTI Logistics Limited

Pursuant to Section 328B(1) of the Corporations Act, I, David Mellor, being a member of CTI Logistics Limited (CTI), nominate KPMG of 235 St Georges Terrace, Perth, for appointment as auditor of CTI at its 2010 Annual General Meeting to be held on 23 November 2010.

I consent to the distribution of a copy of this nomination as a schedule to CTI's 2010 notice of Annual General Meeting, as required by section 328B of the Corporations Act.

Yours faithfully

DAVID MELLOR

÷,

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 Logistics Limited
1 Drummond Place
WEST PERTH WA 6005
I/We
0f
being a member/members of CTI Logistics Limited
hereby appoint
0f
or failing him/her
of………………………………………………………………………………………………
or failing him/her, the Chairman of the Meeting as my/our Provy to yote for me/us and on my/our behalf at the Apple

nairman 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 Tuesday, 23 November 2010 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 yote as he/she thinks fit or abstain from yoting.

ORDINARY RESOLUTIONS	FOR	AGAINST	ABSTAIN
1. To adopt the remuneration report
2. To re-elect Mr Peter John Leonhardt as a director of the Company
3. To elect Mr Matthew David Watson as a director of the Company
4. To appoint KPMG as the Company's auditor
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.
• $\ast$ 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 $\mathbf{x}$ and voting at the meeting, shares will be taken to be held by the registered holders at 5pm on Friday, 19 November 2010.