SWIFT TV LTD — Capital/Financing Update 2009

Jan 4, 2009

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55 Brady Street South Melbourne Vic 3205 Australia Tel 613 92818888 Fax 61392818889 ACN 006 222 395

Mr Ken Roberts Executive Chairman of Celtex Ltd signs contract
to
raise
Aus$10
mil
(10
million
Australian
dollars) as
equity.

The
Board
of
Celtex
Ltd
is
pleased
to
announce
to
the
market
that
despite
the difficult
 economic
 climate
 the
 Executive
 Chairman
 Mr
 Ken
 Roberts
 has
 on behalf
 of
 the
 Board
 negotiated
 and
 signed
 a
 contract
 with
 a
 number
 of sophisticated
 professional
 investors
 to
 invest
 an
 initial A$10,
 000,000
 (10 million
Australian
dollars) into
the
company
as
equity.

The
capital
will
be
put
into
the
company
over
a
few
months
(a
mandatory
due diligence
process
will
start
immediately)
and
will
be
utilised
to
progress
and expand our current projects BridgePark Holdings (Tourism Development Tasmania)
and
(Ausmusic
Ltd,
Ausmusic
College
and
FYI
tv
media
business).

Additionally,
a
proportion
of
the
funds
will
be
used
to
embark
on
acquisitions of
complimentary
cash
flow
positive
businesses
to
enhance
our
turnover.

The investors have existing interests in tourism, resort development and construction and have business investments in media. The investors collectively
 bring
 to
 Celtex
 Ltd
 the
 necessary
 experience
 in
 managing
 and funding
large
projects
of
the
kind
being
undertaken
by
Celtex
Ltd.

The
investors
will
be
offered
one
representative
seat
on
the
Board
of
Celtex Ltd
and
will
assist
the
Executive
Chairman
Mr
Ken
Roberts
to
expedite
and
fulfil the
company’s
vision.

As
 further
 developments
 occur
 the
 Board
 will
 keep
 the
 market
 informed accordingly.

Yours
sincerely

Ken
Roberts

Executive
Chairman

For
all
inquires
concerning
this
announcement
please
contact
Ken
Roberts
on 0410898888