SERVICE STREAM LIMITED — Capital/Financing Update 2008

Sep 24, 2008

==> picture [149 x 37] intentionally omitted <==

Service Stream Limited Level 12, 555 Lonsdale Street Tel: 61 3 9677 8888 Melbourne, VIC 3000 Fax: 61 3 9677 8800 PO Box 14570, ABN: 46 072 369 870 Melbourne, VIC 8001 www.servicestream.com.au

25 September 2008

Company Announcements Office Australian Stock Exchange Limited

By e-Lodgement

Dear Sir / Madam,

Service Stream to Conduct Strategic Review

In response to enquiries from interested parties, Service Stream has appointed a corporate adviser to evaluate the interest and conduct a strategic review.

Further information will be provided as and when appropriate.

Yours sincerely,

==> picture [127 x 65] intentionally omitted <==

Stephen Campbell Company Secretary