Ann: Execution of Deed of Company Arrangement, page-4

“Please note the DOCA is also conditional upon ASX and ASIC approval, including a waiver of ASX Listing Rule 2.1 which requires an entity's shares to be reinstated on the ASX at not less than 20 cents ("the two-cent waiver"). It is understood that the ASX is currently reviewing its policy in respect to the exercise of its discretion to provide the two cent waiver and as such it is uncertain that the transaction will receive ASX approval. Please note that if the DOCA fails to receive approval from the ASX, the Company may be liquidated.Information about the transaction will be forwarded to shareholders with a notice of meeting in due course.”