IONIC RARE EARTHS LIMITED — Share Issue/Capital Change 2011

Nov 28, 2011

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29 November 2011

CONSOLIDATION OF SHARES

Ezenet Limited (ASX:EZE) (“Company”) is pleased to advise that Shareholders yesterday approved the one for three consolidation of the Company’s shares.

A timetable for the consolidation is provided below.

A timetable for the consolidation is provided below.
Event	Date
Annual General Meeting to approve Consolidation	28 November 2011
Ex Date	1 December 2011
Record Date	7 December 2011
Company to send notice to each security holder confirming the	8 December 2011
number of securities held post-Consolidation, and confirm
despatch of notices to ASX

-ENDS-

For enquiries contact:

Mr Brett Dickson or Mr John Traicos Company Secretary General Manager + 61 8 94981 2555 + 61 417 885 279

Ezenet Limited ABN 84 083 646 477 Level 1, 30 Richardson Street, West Perth WA 6005 Telephone: +61 8 9481 2555 Facsimile: +61 9 485 1290