HARRIS TECHNOLOGY GROUP LIMITED — Capital/Financing Update 2003

May 26, 2003

Swish Group

The Swish Group Limited ARN 93 085 545 973

Level 6, 257 Collins Street Malhourna Victoria 3000 Australia [T] 61396621233 $[F]$ 61 3 9662 1942

27 May 2003

Australian Stock Exchange Limited Companies Announcements Office $4^th$ Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir

THE SWISH GROUP LIMITED COMPANY SHARE PURCHASE PLAN

The Board of The Swish Group Limited ("Swish Group") is pleased to announce that, following the re-quotation of the Company's shares on ASX on 16 May 2003, the Company now intends to offer to each existing eligible shareholder, an opportunity to purchase new fully paid ordinary shares in the capital of Swish Group up to a total value of \$5,000 under a Share Purchase Plan.

The price at which shareholders will be able to purchase shares is to be approximately 80% of the average closing price of the Company's shares on the five days (on which the shares trade on ASX) immediately preceding the entitlement date which is to be Friday 6 June 2003. The maximum application that may be accepted by the Company is \$5,000. The minimum application that may be accepted is \$500. There will be no brokerage or other costs payable on purchases of shares under the Share Purchase Plan.

The Directors are seeking, through the Share Purchase Plan to enable only existing eligible shareholders of Swish Group, many of whom acquired shares in the Company at significantly higher prices, to "average down" the cost of their investment (i.e. reduce the average price at which they acquired their shares in the Company). This will enable existing shareholders to participate in what the Directors consider will be the exciting future for the Company as it develops its digital media business in the areas of film, television, advertising sales and production, digital creation. storage and transmission technologies and graphic design.

Swish Group is limited in the number of shares that it may issue and the price at which it may issue those shares. under a Share Purchase Plan. The ability of the Board to issue up to 100,000,000 fully paid ordinary shares in the Company was approved by shareholders at the Extraordinary General Meeting of Swish Group on 14 May 2003.

The Directors of the Company intend to seek a waiver from ASX enabling them to participate in the Share Purchase Plan. The Directors have indicated that they intend to take up their entitlements under the Share Purchase Plan.

Applications will be accepted on a first come, first served basis and shares may be allocated progressively during the offer period. It is intended that the offer will close on 30 June 2003 or earlier if the maximum number of shares able to be issued under the Share Purchase Plan has been reached. Participation in the Share Purchase Plan is entirely voluntary. The offer is non-renounceable.

Further details and terms of the Share Purchase Plan will be dispatched to shareholders in the week commencing 9 June 2003.

Yours sincerely

CARY P. STYNES Managing Director