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STRIKE RESOURCES LIMITED Share Issue/Capital Change 2005

Dec 21, 2005

65855_rns_2005-12-21_b580df42-4181-4f66-975f-eeb902d57596.pdf

Share Issue/Capital Change

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FAST SCOUT LIMITED - REORGANISATION OF CAPITAL

Participating Organisations are advised that subject to shareholder approval today, the reorganisation of capital of Fast Scout Limited (the "Company") will become effective on Friday 23 December 2005.

The reorganisation is by way of consolidating every three fully paid ordinary shares in the capital of the Company into one fully paid ordinary share.

Fractions of 0.5 or more will be rounded up.

The securities of the Company are currently suspended.

The following timetable will apply.

22 December2005 Shareholder approval.
23 December2005 Trading would normally commence in the reorganised securitieson a deferred settlement basis. ASX Code : FSLDA
3 January 2005 Last day for the Company to register transfers on a pre-reorganisation basis.
4 January 2005 First day for the Company to register securities on a postreorganisation basis.
9 January 2005 Despatch date. Deferred settlement trading would normally endASX Code: FSL

The securities of the Company remain suspended.

ASX Contact: Jill Hewitt
Business Unit Companies Perth
Ext.No: 6013
Date: 22 December 2005

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