SUPPLY NETWORK LIMITED — Transaction in Own Shares 2008

Apr 7, 2008

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SUPPLY NETWORK LIMITED ABN 12 003 135 680 141 - 151 Fairfield Road Guildford NSW 2161 PO Box 460 Fairfield NSW 2165 Telephone: 61 2 9892 3888 Fax: 61 2 9892 2399

8 April 2008

The Manager Companies Announcement Office Australian Stock Exchange 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Re: On Market Share Buy Back

The Directors of Supply Network Limited are pleased to announce that as part of the ongoing capital management the company will undertake an on market buy back. The Directors believe a share buy back at this time is an effective use of capital that will benefit shareholders in the short and long terms.

The on market buy back will operate from the 1 May 2008 to 30 April 2009 and further details are included in the attached Appendix 3C.

Yours faithfully,

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Peter Gill Company Secretary

Rule 3.8A

Appendix 3C

Announcement of buy-back ( except minimum holding buy-back)

Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001.

Name of entity Supply Network Limited	ABN
Supply Network Limited	12 003 135 680

We (the entity) give ASX the following information.

Information about buy-back

1 Type of buy-back 2 +Class of shares which is the subject of the buy-back (eg, ordinary/preference) 3 Voting rights_(eg, one for one) 4 Fully paid/partly paid(and if partly_ paid, details of how much has been paid and how much is outstanding) 5 Number of shares in the+class on issue 6 Whether shareholder approval is required for buy-back 7 Reason for buy-back	On Market within 10/12 limit
	Ordinary shares
	One for one
	Fully paid
	24,887,624
	No
	Capital management

• See chapter 19 for defined terms.

Appendix 3C Page 1

30/9/2001

• 8 Any other information material to a None shareholder’s decision whether to accept the offer (eg, details of any proposed takeover bid)

On-market buy-back

9 Name of broker who will act on the company’s behalf 10 Deleted 30/9/2001. 11 If the company intends to buy back a maximum number of shares - that number Note: This requires a figure to be included, not a percentage. 12 If the company intends to buy back shares within a period of time - that period of time; if the company intends that the buy-back be of unlimited duration - that intention 13 If the company intends to buy back shares if conditions are met - those conditions	E*Trade
	Up to 1,000,000
	During the period commencing 1 May 2008 to 30 April 2009
	None

Compliance statement

1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.

2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.

Sign here: Date: 8 April 2008. Company Secretary Print name: Peter Gill