XRF SCIENTIFIC LIMITED — Board/Management Information 2007

Jun 14, 2007

XRF Scientific Limited

15.June 2007

Australian Stock Exchange Limited Level 8. Exchange Plaza 2 The Esplanade PERTH WA 6000

COMPANY ANOUNCEMENT

XRF Scientific Limited has recently announced the results of the EGM held on Friday 8th June 2007 at which all of the resolutions put before shareholders were approved.

Following the approvals at the EGM the Company has now completed the acquisition of the balance 50% of Analytical Platinum Supplies Pty Ltd.

The Company is now pleased to announce a convertible note issue of \$800,000 to AGR Management Services Pty Ltd to acquire the balance 50% of Analytical Platinum Supplies Pty Ltd as at Wednesday 13 June 2007.

The terms of the convertible note issue are as follows:

Face Value: \$1.00 Interest Rate: 5% pa 12 months from date of issue Term:

The physical implementation of that acquisition is now also in process and is anticipated to be completed by 30 June this year.

Analytical Platinum Supplies Pty Ltd will then operate from new premises located at 107 Miller Street Epping. Victoria which will accommodate both the newly acquired manufacturing division as well as the now 100% owned marketing and distribution division.

It is anticipated that this newly, wholly owned business seament will make a significant contribution to group operations as from the commencement of the new fiscal year and into the future.

24/200 Canterbury Road, P. O. Box 808, Bayswater, Victoria, 3153, Australia. Seven and 61-3 9720 6339 (1916) 13 9720 6412 88 Guthrie Street, Osborne Park, Perth, Western Australia, 6017, Australia, Theorem 1: 61:8 9244 9600 61 8 9244 9611

Ave. du Capricorne, 149, Steenboklaan, 81200 Brussels, Belgium. The manner 32-2 762 77-12 [14] 32-2 762 55-07

The Company had also previously announced that as from the conclusion of the EGM, the resignation of three of the founding Directors previously tendered would become effective and the resignations are now confirmed. The Board of the Company now comprises the following members;

Paul Anthony Rengel Kenneth Peter Baxter Terry Sweet David Brown John Graham Parsons Chairman Non-Executive Director Non-Executive Director Executive Director Executive Director

The Directors are also in the process of concluding the appointment of a new CEO and once appointment has been confirmed, a further release will be made to the market.

D. Pengel

Yours Faithfully, P.A. Rengel Chairman