SERVICE STREAM LIMITED — Capital/Financing Update 2006

Nov 12, 2006

TOTAL COMMUNICATIONS INFRASTRUCTURE LIMITED - OFFER OF SHARES BY FOUNDING DIRECTORS

On 27 July 2006, directors of Total Communications Infrastructure Group (ASX Code TCI) and ServiceStream Limited (ASX Code STR) announced a merger of the two companies by way of a scheme of arrangement, subject to shareholder approval ("Scheme").

Under the Scheme, STR shareholders will receive 2 TCI shares for every 5 STR shares they own.

The founding shareholders of TCI, James Cooney and Samantha Grant, have also announced their intention to offer 9 million TCI shares on a pro rata basis of 3 TCI shares for every 20 TCI shares held to TCI shareholders whose address on the TCI share register is in Australia ("Offer"). The Offer price will be $0.87 per TCI share. The Offer is conditional on the Scheme proceeding.

The indicative timetable for the Offer is as follows.

Last day to acquire TCI shares with an entitlement to	9 November 2006
receive the offer from the founding shareholders
Date to determine entitlement to TCI shares	15 November 2006 7.00pm EDST
Last day for acceptance and payment in full	15 December 2006 5.00pm EDST
Expected date that Scheme becomes effective and	20 December 2006
acceptances become binding
Expected date of transfer	28 December 2006

Settlement Issues

The Offer is not supported by ASX systems.

Please see TCI's and STR's recent announcements for more information.

ASX Contact: Eve Roberts
	Business Unit: Issuers (Sydney)
Extension No: 7892
Date:	13 November 2006