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STREAMPLAY STUDIO LIMITED Delisting Announcement 2005

Feb 23, 2005

65841_rns_2005-02-23_abe9953c-1718-4592-8e43-4d6251c720f4.pdf

Delisting Announcement

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Suite 34, 18 Stirling Highway, Nedlands WA 6009 PO Box 352, Nedlands WA 6909, Australia A.C.N. 004 766 376 Tel: (08) 9389 8611 Fax: (08) 9389 8612 [email protected] www.gippslanditd.com

24 February 2005

ASX-LSE Announcement

Media Release

DELISTING FROM BERLIN STOCK EXCHANGE

Gippsland Limited ("Gippsland" or "the Company"), advises that today a formal demand letter was sent to the Berlin Stock Exchange ("BER") requesting that the BER de-lists the Company's shares, since the listing occurred without the consent or approval of Gippsland Directors.

The above action is consistent with the approach taken by a number of US and UK companies which have also been listed on the BER without their consent.

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RJ (Jack) Telford Executive Chairman

For further information please contact:

Jack Telford Gippsland Limited Tel: +61 (0)8 9389 8611 [email protected] www.gippslandltd.com

Leesa Peters / Laurence Read Conduit PR Tel: +44 (0)20 7936 9095 [email protected] [email protected]

Bill Sharp / Les Polden HB-corporate Tel: +44 (0)20 7510 8560/8576 [email protected] [email protected]