G8 EDUCATION LIMITED — Major Shareholding Notification 2007

Dec 2, 2007

ESCROW STATEMENT AS AT 30 NOVEMBER 2007

Early Learning Services Limited ABN 95 123 828 553 ( "Company" )

Holder	Escrowed Shares	Escrowed Options	Escrow Period
ELS Ventures Pty Ltd atf ELS Ventures Trust	5,000,000	Nil	The period starting on the date of official quotation of the securities of the Company and ending 24 months after that date
Kern Financial Services Pty Ltd atf Greg Kern Family Trust	5,000,000	Nil	The period starting on the date of official quotation of the securities of the Company and ending 24 months after that date
Robert Edward Borbidge	Nil	150,000	The period starting on the date of official quotation of the securities of the Company and ending 24 months after that date
Anthony Geoffrey Hartnell	Nil	150,000	The period starting on the date of official quotation of the securities of the Company and ending 24 months after that date
Richard William Parris	Nil	150,000	The period starting on the date of official quotation of the securities of the Company and ending 24 months after that date

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