HITECH GROUP AUSTRALIA LIMITED — AGM Information 2007

Sep 20, 2007

HiTech Group Australia Limited

ABN 41 062 067 878

Registered Office – Level 7, 9 Young Street, Sydney NSW 2000 (P.O. Box R182, Royal Exchange NSW 1225) Telephone: (02) 9241 1919 Facsimile: (02) 9241 1731

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the year 2007 Annual General Meeting of the Shareholders of HiTech Group Australia Limited will be held at Level 7, 9 Young Street, Sydney on Friday, 26 October 2007 at 4 p.m.

ORDINARY BUSINESS

Financial Statements and Reports

To receive and consider the annual financial report, director’s report and the auditor’s report of the Company for the year ended 30 June 2007.

Resolution 1 – Re-election of director Sam Hazouri

To consider, and if though fit, pass the following resolution as an ordinary resolution: That Mr S Hazouri who retires as a director by rotation in accordance with rules 75.1 (b) and 76.1 of the constitution of the company and, being eligible, be re-elected as a director of the company.

Resolution 2 - Remuneration Report

To consider, and if though fit, to pass the following as an ordinary resolution:

That the remuneration report for the year ended 30 June 2007 be adopted.

VOTING NOTE

The vote on this resolution is advisory only and does not bind the Company or its directors.

Resolution 3 – Issue of ordinary share options to a non-executive director

To consider, and if though fit, to pass the following as an ordinary resolution: That the issue of 500,000 ordinary share options to Non-Executive director George Shad at an exercise price of 5 cents, an issue date of 25 November 2007and an expiry date of 25 November 2012, be approved. The securities will be issued for nil consideration. Fund provided on the exercise of options to shares will be used for working capital.

VOTING EXCLUSION STATEMENT

The company will disregard any votes cast on this resolution by George Shad who is excluded from voting and from associates of that person. However, the entity need not disregard a vote if it is cast by a person as proxy for a person who is entitled to vote, in accordance with the directions on the proxy form; or it is cast by the person chairing the meeting as proxy for a person who is entitled to vote, in accordance with a direction on the poxy form to vote as the proxy decides.

Resolution 4 – Issue of share options under Employee Option Plan

To consider, and if though fit, to pass the following as an ordinary resolution:

That the total number of share options which can be issued plus unexercised options already issued under the Employee Share Option Plan be increased to not exceed 50% of the company’s issued share capital

By order of the Board of Directors

Barry F. Neal Company Secretary Sydney, 19 September 2007

Entitlement to Vote

The Company has determined that for the purposes of ascertaining voting entitlements at the Annual General Meeting, ordinary shares in the Company shall be taken to be held by the persons who are registered as shareholders at 5 p.m. Sydney time Wednesday 24 October 2007. Accordingly, transfers registered after that time will be disregarded in determining the shareholders entitled to attend and vote at the meeting.

Voting by Proxy

A member entitled to attend and vote at the meeting is entitled to appoint not more than two proxies.

Where a member appoints two proxies and the appointment does not specify the proportion or number of the member’s votes each proxy may exercise, each proxy may exercise half of the votes. A proxy need not be a shareholder.

Unless the member specifically directs the proxy how to vote, the proxy may vote as he or she thinks fit or abstain from voting.

If you wish to appoint a proxy, you should complete the enclosed Proxy Form. To be effective, the form must be received not later than 4 p.m. (Sydney time) on Thursday, 25 October 2007 at the registered office of HiTech Group Australia Limited Level 7, 9 Young Street, Sydney 2000 (PO Box R182, Royal Exchange NSW 1225) or be received by facsimile to (02) 9241 1731 by that time.