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STRIKE RESOURCES LIMITED Major Shareholding Notification 2005

Sep 21, 2005

65855_rns_2005-09-21_86d5ad68-51e2-4f5b-98a4-5331f57866b6.pdf

Major Shareholding Notification

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Form 604

Corporations Act

671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: FAST SCOUT LIMITED (FSL)

088 488 724 ABN

1. Details of substantial holder(1)

name DATA BASE SYSTEMS LIMITED (DBS) AMBREEN CHAUDHRI
ACN/ARSN (if applicable) (incorporated under the laws of Malaysia).
There was a change in the interests of the substantial holder on 21 September 2005 21 September 2005
The previous notice was given to the company on 19 August 2005 19 August 2005
The previous notice was date 19 August 2005 19 August 2005

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate(2) had a relevant interest(3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities $(4)$ Previous notice Present notice
Person's votes Voting power (5) Person's votes Voting power (5)
Ordinary Shares 71.192.514 69.42% 50.026.700 48.78%
Based on FSL total issuedshare capital of (shares) 102,559,095 102.559,095

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange Person whoserelevant interestchanged Nature of change (6) Considerationgiven in relation tochange (7) Class and numberof securitiesaffected Person's votesaffected
Ordinary Shares
21September2005 The partiesspecified in (1) Disposal of shares on-market $415,975.35 20,565,814 20,565,814
22September2005 The partiesspecified in (1) Disposal of shares on-market $90,228.75 600,000 600,000

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4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest Registered holderof securities Person entitled to beregistered as holder (8) Nature of relevant interest (6) Class andnumber ofsecurities Person'svotes
Ordinary Shares
DBS DBS DBS Legal and beneficial holder ofshares 50,026,700 50,026,700
AmbreenChaudhri DBS. DBS Ambreen Chaudhri is taken undersection $608(3)(b)$ of theCorporations Act to have arelevant interest in securities inwhich DBS has a relevant interest(by reason of Ambreen Chaudhrihaving control of DBS). 50.026,700 50,026,700

5. Changes in association

The persons who have become associates(2) of, ceased to be associates of, or have change the nature of their association(9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

ALCACN/ARSNNameapplicableand association۸Ia.
N/A N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name Address
Ambreen Chaudhri 175A Sarwar Road, Rawaipindi PAKISTAN
DBS House No. 103, Street 59, F-10/3, Islamabad, PAKISTAN

Signature

print name Azhar Chaudhri capacity Director
sign here date 22 September 2005
print name Ambreen Chaudhri capacity Individual
sign here date 22 September 2005

DIRECTIONS

(i) If there are a number of substantial holders with similar or related relevant interests (eq a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

(2) See the definition of "associate" in section 9 of the Corporations Act.

  • (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.
  • (4) The voting shares of a company constitute one class unless divided into separate classes.
  • (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(6) Include details of:

  • $(a)$ any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(8) If the substantial holder is unable to determine the identity of the person (eq if the relevant interest arises because of an option) write "unknown".

(b) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.