SAFEROADS HOLDINGS LIMITED — Share Issue/Capital Change 2009

Mar 30, 2009

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31 March, 2009

Company Announcements Office Australian Stock Exchange Limited

Saferoads Holdings Limited (SRH) advises that 300,000 unlisted options over its fully paid ordinary shares, issued under the SRH Employee Share Option Plan (ESOP), have been cancelled as the holder no longer complies with the ESOP rules.

The options, which had not vested, are detailed below:

No of Options	Expiry Date	Exercise Price
200,000	7/7/2017	$3.50
100,000	1/7/2018	$2.36

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Bill Cruickshank Company Secretary

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