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STRIKE RESOURCES LIMITED Regulatory Filings 2003

Feb 23, 2003

65855_rns_2003-02-23_16cee2fd-9162-4021-ab54-ab800cfc1f40.pdf

Regulatory Filings

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Australian Stock Exchange Limited Total No of Pages: 1

Monday, 24 February 2003

MARKET ANNOUNCEMENT

Release of Restricted Securities

The Company advises, pursuant to Listing Rule 3.10A, that the following securities will be released from ASX escrow on 7 March 2003:

10,060,340 fully paid ordinary shares. $(i)$

The Company will be applying to the ASX for official quotation of the 10,060,340 fully paid ordinary shares immediately after they are released from escrow.

The Company's distribution of fully paid ordinary shares as at close of trading on 21 February 2003 were as follows:

Spread of Holdinas Number of
Holders
Number of
Units
% of Total
Issue Capital
$\overline{\phantom{a}}$ 1,000 5 1.460 0.001%
1,001 $\overline{\phantom{0}}$ 5,000 140 500.589 0.613%
5,001 $\sim$ 10,000 265 2,442,168 2.993 %
10,001 $\overline{\phantom{0}}$ 100,000 477 15,245,668 18.684 %
100,001 $\overline{\phantom{a}}$ and over 47 63,403,396 77.706 %
Totai 934 81,593,281 100 %

The Company have securities which are still subject to ASX escrow provisions and may not be quoted on the ASX to the following extent and until expiry of the following escrow period:

(a) 10,060,340 fully paid ordinary shares until 7 March 2004.

Further information:

Mr Victor Ho Company Secretary Fast Scout Limited

(08) 9214 9700 Ph: email: [email protected]

www.fastscout.com

www.virtualweb.com.au

Fast Scout Limited A.B.N. 94 088 488 724 Level 14, The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia 6000 Tel: + 618 9214 9700 Email: [email protected] Fax: + 618 9322 1515