KINGSTON RESOURCES LIMITED - Board/Management Information 2003

ABN 44 009 148 529

Registered Office

Level 1 Westcentre 1260 Hav Street West Perth Western Australia 6005 AUSTRALIA

Mail Address Private Box 1288 West Perth Western Australia 6872 AUSTRALIA

Telephone Facsimile Email Visit us at

$(+618)$ 9415 2212 $(+618)$ 9415 2221 [email protected] www.synergylimited.com.au

Australian Stock Exchange Limited

SYNERGY
EQUITIES GROUP LIMITED

Company Announcements Office

Electronic Lodgement System

25 September 2003

Dear Sir / Madam

RESIGNATION OF DIRECTOR

Synergy Equities Group Limited ("SYNERGY" or "the Company") regrets announcing that Mr Russell Miln has tendered his resignation from the position of Director of SYNERGY and its associated companies, and as the Chief Technical Officer of Synergy Business Solutions Australia Pty Ltd ("SYNERGY Australia"), the Company's wholly owned subsidiary, in order to focus on pursuing his individual career objectives.

Notwithstanding his resignation, Mr Miln has agreed to remain available to SYNERGY Australia and its clients on an "as needs" basis providing consultative advice on various projects and on new commercial opportunities.

Mr Miln's resignation comes as SYNERGY Australia focuses on the transition from research and development to the commercialisation, sales and service delivery of its suite of products, in particular the commercialisation of Data-inCrypt^®.

The Company's announcement on Thursday 11 September 2003 of the appointment of a National Development Manager reflects that under Mr Miln's leadership, the Company has developed a strong core of technical expertise that will be more than sufficient to carry on the additional research needed during the commercialisation of the Company's products.

Mr Miln's resignation (whilst regretted by the Company) is consistent with the Board's primary focus being on prudent financial management and governance and the commercialisation, sales and service delivery revenue generation for the Company.

ELS014.2004

The Board wishes to take this opportunity to gratefully acknowledge Mr Miln's 7 years spent spearheading research and development for the SYNERGY Group. The Board thanks Mr Miln for his dedication and tireless work in building the solid technical foundation on which the Company's solutions, products and services are based. The Company wishes Mr Miln the very best success in his future endeavours.

In the short term the Company has no immediate plans to replace the vacancy on the Board or fill the position of Chief Technical Officer - having confidence in the technical strength of the existing Company staff – the Company intends to utilise its financial resources to increase sales and marketing.

For further information please contact the writer.

Yours faithfully SYNERGY EQUITIES GROUP LIMITED