SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2006

Jun 14, 2006

— saferoads –

RELEASE TO AUSTRALIAN STOCK EXCHANGE

Thursday 15 June 2006

SAFEROADS ON TARGET TO ACHIEVE FORECAST RESULTS

The Directors of Saferoads Holdings Limited (Saferoads) advise that preliminary accounts indicate the Company will exceed the financial forecasts for the 2005-06 year made in the November 2005 prospectus.

First sales of the Company's new Pedestrian Barrier indicate positive market acceptance.

Commitments have already been received from major clients for the supply and delivery of approximately $10 million of product for the 2006-07 financial year. This gives the company encouragement that the organic growth target will be achievable in the coming year.

Saferoads continues with its organic growth plans. The Company has secured additional staff and larger premises in New South Wales and Queensland. Plans are well advanced to convert from distributors in other states, and to have a totally national Saferoads employed sales force in place early in 2006-07.

Darren Hotchkin Managing Director Saferoads Holdings Limited ABN 81 116 668 538

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