JCURVE SOLUTIONS LTD — Regulatory Filings 2003

Mar 27, 2003

ABN 63 088 257 729

28 March 2003

The Companies Announcement Officer Australian Stock Exchange Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E-Lodgement

No. Pages: 1

PROPOSED SHAREHOLDER SHARE PURCHASE PLAN

The directors of Stratatel Limited ("STE") (the "Company') are pleased to announce that the Company proposes to make a share offer to shareholders pursuant to ASIC Class Order 02/831 under which shareholders may apply for shares in the Company up to a maximum of \$5,000 (and a minimum of \$500) per shareholder.

The share purchase plan issue will be made at 5.5 cents per share.

The issue will be capped at a maximum of 7,272,727 shares (which would raise a maximum of \$400,000). Applications will only be accepted on a first come first accepted basis, so that the total number of shares doesn't exceed 7,272,727 shares.

The principal use of the funds to be raised by this share offer will be to increase sales and marketing activities on the East Coast of Australia.

The Record Date for this offer has been set at 5,00pm on Thursday 3 April 2003 and offer documents will be forwarded to Eliaible Shareholders on Friday 4 April 2003. The Closing Date of the offer is 2 May 2003. Any potential purchaser of the Company's shares following this announcement should consult with their broker to determine whether they will be entitled to participate in the Shareholder Share Purchase Plan.

Should you require further information or wish to discuss the shareholder share purchase plan then please do not hesitate to contact myself on (02) 9966 9901.

Yours sincerely

MIKE FAIRCLOUGH

Manaaina Director Stratatel Limited