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XRF SCIENTIFIC LIMITED M&A Activity 2006

Oct 29, 2006

66104_rns_2006-10-29_c9785913-5978-431a-956a-c1c709af5f82.pdf

M&A Activity

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XRF Scientific Limited

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

30 October 2006

Dear Ben,

Re: XRFS SOCACHIM SCIENTIFIC S.A. We refer to your email dated 29.10.06, Item 8

We confirm that the acquisition of Socachim Fine Chemicals has been completed.

The Socachim Business will now be conducted through a XRFS wholly owned Belgium subsidiary "XRFS Socachim Scientific S.A." That Company has a Belgium resident director Mr. Michel Davidts (and CEO) and Australian Resident Directors Mr. Peter Higgins and Mr. David Brown, both of the latter are also directors of the Parent entity XRF Scientific Limited.

Yours Faithfully

D. Pengel

Paul Rengel Chairman

AUSTRALIAN OFFICES: 24/200 Canterbury Road, P. O. Box 808, Bayswater, Victoria, 3153, Australia. Telephone: 61 3 9720 6339 Fax: 61 3 9720 6412 88 Guthrie Street, Osborne Park, Perth, Western Australia, 6017, Australia, Telephone: 61 8 9244 9600 Fax: 61 8 9244 9611 EUROPEAN OFFICE: Ave. du Capricome, 149, Steenboklaan, 61200 Brussels, Belgium. Telephone: 32 2 762 77 12 Fax: 32 2 762 55 07

Email: [email protected] Web: www.xrfscientific.com