SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2006

Sep 20, 2006

• saferoads -

RELEASE TO AUSTRALIAN STOCK EXCHANGE

SHARE PLACEMENT

Saferoads Holdings Limited (ASX:SRH) is pleased to announce a raising of approximately $3.4 million in new equity through a placement of approximately 2.44 million fully paid ordinary shares at $1.40 per share.

The placement has been arranged by Cartesian Capital Pty Ltd (Cartesian) to a number of institutional and professional investors.

The funds raised from the issue are to be used by Saferoads primarily to complete the acquisition of the business and assets of Swift-Tech Solutions Pty Ltd and Swift Cartage Pty Ltd (previously announced to the market on 1 September 2006) and for working capital.

Any share issued in the placement will rank equally with existing ordinary shares on issue except that shares issued under the placement will not confer the right on the holder to receive a final dividend for the financial year ended 30 June 2006 which has a record date of 20 October 2006.

Darren Hotchkin Managing Director

SAFEROADS HOLDINGS LIMITED ABN 81 116 668 538

PO Box 340, Drouin, Vic., Australia 3818 Phone: 1800 060 672 Fax: 1800 060 673 Web: www.saferoads.com.au