SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2008

Mar 31, 2008

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ABN: 81 116 668 538

LOT 8 WEERONG Rd Drouin Vic 3818 Ph 03 5625 6600; Fax 03 5625 4986

1 April 2008

The Company Announcement Platform Australian Stock Exchange

Completion of Acquisition

Saferoads Holdings Limited (ASX:SRH) is pleased to announce that it has completed the acquisition of the net assets of Bob Panich Consultancy Pty Ltd and Mayall Engineering Pty Ltd.

Notice of acquisition was announced to the market on 20 February 2008.

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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