SDI LIMITED — AGM Information 2007

Oct 23, 2007

SDI Limited and controlled entities A.B.N. 27 008 075 581

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NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Annual General Meeting of SDI Limited will be held at 11.00am on Monday, 26 November 2007 at The Westin Melbourne, Westin Room III, 205 Collins Street, Melbourne, Victoria 3000, Australia.

Business

(1) To receive, consider and adopt the financial report of the Company and of the Consolidated Entity for the year ended 30 June 2007 and the reports by Directors and Auditors thereon.

• (2) To elect two Directors:

In accordance with article 25.2 of the Company’s Articles of Association, the following Directors retire by rotation and, being eligible, offer themselves for re-election:

(a) Mrs. G.M. McCorkell

(b) Mr. J. A. Roseman

(3) To receive and consider the Remuneration Report, and if thought fit, pass the following resolution:

“That the Company adopt the Remuneration Report.”

Section 250R of the Corporations Act requires a resolution that the Remuneration Report to be adopted be put to a vote. The vote on the resolution is advisory only, and does not bind the Directors of the Company. The Remuneration Report is included in the Company’s 2007 Annual Report, which sets out details of the Company’s director and executive remuneration.

• (4) General: To transact any business which may be lawfully brought forward.

By Order of the Board

J.J. SLAVIERO Company Secretary Dated: 24 October 2007

Proxies

A member entitled to attend and vote at the meeting is entitled to appoint not more than two proxies to attend and vote in his/her stead. Where more than one proxy is appointed, each proxy must be appointed to represent a specified proportion of the member’s voting rights. A proxy need not be a member of the Company. Proxies must be lodged at the registered office of the Company not later than 48 hours before the timing of the meeting. A proxy form is provided with this notice.

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SDI Limited and controlled entities A.B.N. 27 008 075 581

Proxy Form

Registered Office

5-7 Brunsdon Street BAYSWATER VIC 3153 AUSTRALIA

I/We

of being a member/members of SDI Limited

hereby appoint

of

as my/our proxy to attend and exercise all of my/our votes on my/our behalf at the Annual General Meeting of the Company to be held on the 26 November 2007 and at any adjournment thereof. If two proxies are to be appointed, you need to apply to the Company for a special form.

Signed this day of 2007

Signature of Shareholder

If you desire to direct your proxy how to vote, please complete the following. Unless otherwise instructed the proxy will vote as he or she thinks fit, or abstain from voting.

I/We direct my/our proxy to vote:

enda Item:(1) Adoption of the Financial Report(2) Election and appointment of Directors(a) Re-election of Mrs. G.M. McCorkell(b) Re-election of Mr. J.A. Roseman	FORAGAINST	ABSTAIN
	(Tick appropriate box)

Agenda Item:

• (3) Adoption of the Remuneration Report

NOTE : Any instrument appointing a proxy deposited at the Registered Office of the Company in which the name of the appointee is not filled in shall be deemed to be given in favour of the Chairman of the meeting. A proxy shall be signed by the member or the member's attorney or if a corporation, under it's Common Seal or under the hand of its attorney.

The proxy and power of attorney (if any) under which it is signed must be deposited at the Registered Office of the Company not less than 48 hours before the timing of the meeting. Unless this is done the proxy will not be treated as valid. An additional proxy form will be supplied by the Company on request.

Chairman's voting intentions in relation to undirected proxies

The Chairman hereby gives notice that he will vote in favour of all agenda items as listed in the Notice of Annual General Meeting.

If you do not wish to direct your proxy how to vote, please place a mark in the box.

By marking this box, you acknowledge that the Chairman may exercise your proxy even if he has an interest in the outcome of the resolution and votes cast by him other than as proxy holder will be disregarded because of that interest.