IONIC RARE EARTHS LIMITED — Board/Management Information 2007

Aug 19, 2007

==> picture [124 x 57] intentionally omitted <==

ASX RELEASE

4 July 2007

11th August 2007

EZENET ANNOUNCES NEW GENERAL MANAGER FOR EZESTREAM DIVISION

EZENET LIMITED (ASX EZE) has appointed MR BRETT WILEY as General Manager of Ezestream Pty Ltd (wholly owned division of Ezenet Limited).

Mr Wiley started in his new role on August 6, 2007.

He brings 40 years experience in television, television production, radio, marketing and sales to the company. He has also worked in senior management positions, making him well qualified to continue the expansion and development of Ezestream Pty Ltd.

Mr Ross O’Dea is interim Managing Director of Ezenet Limited. Mr Richard Burt will continue as a Non-Executive Director from September 1st 2007.

For further information

Simon Watson Company Secretary

About Ezenet

Listed on the ASX in 1999, Ezenet Ltd (EZE) was originally established to provide a "plug and play" internet set-top box that enabled low-cost web access. In 2001, the company shifted its focus to supplying digital free-to-guest and on-demand pay movies to the Australian hospitality and healthcare industries. In 2003, 100%-owned subsidiary Ezestream Pty Ltd was established to operate Ezenet’s digital movie and internet business. In addition, Ezenet owns shares in AIM-listed Weatherly International plc and KP Renewables plc, as well as ASX-listed Carbine Resources Limited.

��������������

�����������������������������������������������

���������������������������������������������������� �!���� "�� ��� �#����������������������������������������