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SCIDEV LTD Capital/Financing Update 2004

Oct 27, 2004

65761_rns_2004-10-27_569c5598-a350-440d-a198-074bf5becde3.pdf

Capital/Financing Update

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MARKET RELEASE

28 October 2004

Intec Ltd

TRADING HALT

The securities of Intec Ltd (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday, 1 November 2004 or when the announcement is released to the market.

Security Code: INL

A.R.A. Black

Andrew Black Senior Companies Adviser

Intec Ltd

ASX Code: INL ABN 25 001 150 849

Superior and Sustainable Metals Production

Gordon Chiu Building J01 Department of Chemical Engineering Maze Crescent University of Sydney NSW 2006 Australia

Telephone: +612-9351-6741 Facsimile: +612-9351-7180 Email: [email protected] Website www.integ.com.au

28 October 2004

Mr A Black Senior Companies Officer Australian Stock Exchange Limited

Dear Andrew

Request to Trading Halt

I refer to our telephone conversation and hereby apply for a trading halt on the Company's traded securities under Listing Rule 17.1 for a period of up to two days pending an announcement to the market concerning the pricing of the current capital raising. We expect to be able to make an announcement concerning the capital raising either later today or tomorrow. We are not aware of any reason why the trading halt should not be granted.

Yours sincerely Intec Ltd

strang

Robert J Waring Company Secretary

Request trading halt, in Nwspl