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QUESTE COMMUNICATIONS LIMITED Major Shareholding Notification 2003

Aug 11, 2003

65653_rns_2003-08-11_fb8a6445-f0bb-49ff-8861-9e863521daba.pdf

Major Shareholding Notification

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Form 604 Corporations Act 671B Notice of change in interests of substantial holder

To: Company Name/Scheme: QUESTE COMMUNICATIONS LIMITED ("QUESTE")

081 688 164 ACN/ARSN

1. Details of substantial holder(1)

name FAROOQ KHAN

and associated companies: Island Australia Ptv Ltd (A.C.N. 073 447 300) Skin-Plex Laboratories Pty Ltd (A.C.N. 009 424 560) The Essential Earth Pty Ltd (A.C.N. 009 029 305)

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 8 August 2003.

The previous notice was given to the company on 16 January 2003.

The previous notice was dated 16 January 2003.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate(2) had a relevant interest(3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class ofsecurities (4) Previous notice Present notice
Person's votes Voting power(5) Person's votes Voting power (5)
Ordinary Shares 5.880.617 19.999% 6.108.061 20.77
Based on Queste's issued fully paid ordinary share capital of 28,404,879 shares and the voting entitlementattached to the Queste's 20m partly paid shares of the equivalent of 1,000,000 fully paid ordinary shares

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange Person whoserelevant interestchanged Nature of change (6) Considerationaiven in relation to Ichange (7) Class and numberof securitiesaffected Person's votesaffected
8/8/03 Faroog Khan On-market acquisition of shares $8,415.43 227.444 227,444

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest Registered holderof securities Person entitled to beregistered as holder (8) Nature of relevant interest (6) Class andnumber ofsecurities Person's votes
Registered holder of shares in the Ordinary
Faroog Khan Faroog KhanVarious vendors Faroog Khan Company 2.172.040 Shares
who sold shares
in Queste on Pursuant to acquisition of shares Ordinary
Faroog Khan market on 8/8/03 Faroog Khan on-market 227,444 Shares
Taken under section 608(3)(b) of
the Corporations Act to have a
relevant interest in shares in the
Company held by Island Australia
Island Australia Island Australia Pty Pty Ltd, by reason of Farooq Khan
Faroog Khan Pty Ltd (A.C.N.073 447 300) Ltd (A.C.N. 073 447300) having control of Island AustraliaPty Ltd 3,668,577 OrdinaryShares
Taken under section 608(3)(b) of
the Corporations Act to have a
relevant interest in shares in the
Skin-Plex Company held by Skin-Plex
Laboratories Pty Skin-Plex Laboratories Laboratories Pty Ltd, by reason of
Ltd (A.C.N. 009 Pty Ltd (A.C.N. 009 Farooq Khan having control of Ordinary
Faroog Khan 424 560) 424 560) Skin-Plex Laboratories Pty Ltd 20.000 Shares
Taken under section 608(3)(b) ofthe Corporations Act to have a
relevant interest in shares in the
The Essential Company held by The Essential
Earth Pty Ltd The Essential Earth Earth Pty Ltd, by reason of
(A.C.N. 009 029 Pty Ltd (A.C.N. 009 Faroog Khan having control of Ordinary
Farooq Khan 305) 029 305) The Essential Earth Pty Ltd 20.000 Shares
TOTALS 6,108,061

5. Changes in association

The persons who have become associates(2) of, ceased to be associates of, or have change the nature of their association(9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if' applicable) Nature of association
- N/A N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name Address
Faroog Khan 11 Wavell Road, Dalkeith, Western Australia 6009
Island Australia Pty Ltd (A.C.N. 073 447 300) C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, WesternAustralia 6005
Skin-Plex Laboratories Pty Ltd (A.C.N. 009 424 560) C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, WesternAustralia 6005
The Essential Earth Pty Ltd (A.C.N. 009 029 305) C/- Attewells, Ground Floor, 83 Havelock Street, West Perth, WesternAustralia 6005

Signature

Farooq Khan print name

sign here

Personal and Director capacity

12 August 2003 date

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form

(2) See the definition of "associate" in section 9 of the Corporations Act.

  • (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.
  • (4) The voting shares of a company constitute one class unless divided into separate classes.
  • (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(6) Include details of:

  • any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a $(a)$ copy of any document setting out the ferms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the $(b)$ securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(0) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.