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EXCELSIOR CAPITAL LTD Capital/Financing Update 2008

Aug 3, 2008

64816_rns_2008-08-03_d88e8d39-6497-4a12-b40d-934bc5bfa61f.pdf

Capital/Financing Update

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CMI Limited ABN 98 050 542 553 150 Robinson Road Geebung Qld 4034 Australia Postal address: PO Box 716 Virginia Qld 4014 Australia Telephone: (07) 3865 9969 Facsimile: (07) 3865 3677 Email: [email protected] Web: www.cmilimited.com.au

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04 August 2008

Australian Stock Exchange Limited Level 6, Riverside Centre 123 Eagle Street BRISBANE QLD 4000

FINANCE DIVISION SALE UPDATE

Further to the announcement dated 16 May 2008, due to the current environment in the financial services industry, CMI has withdrawn the finance services division (Capitalcorp) from sale. The company is undertaking an organisational restructure of Capitalcorp with a view to returning the division to profitability.

Yours Faithfully

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Sharyn Williams Company Secretary