A lick & a spit off the million, but who can complain?!?!?12...

A lick & a spit off the million, but who can complain?!?!?


12 October 2005

AUSTRALIAN STOCK EXCHANGE LIMITED

Dear Sir / Madam

The board of Tox Free Solutions Limited is pleased to release the cash flow report for the quarter
ended 30 September 2005.

The report shows a cash balance of $1,857,000 at 30 September.

The board is also pleased to advise that for the quarter ended 30 September 2005 the Tox Free group
recorded EBITDA of $950,712. This exceeds the projected EBITDA for the 12 months ending 30
June 2006 on an annualised basis.

Tox Free Solutions also advises that it is progressing negotiations in relation to two possible
acquisition opportunities for the Company. The market will be advised if agreement is reached in
relation to either acquisition.

The site improvement and capital works previously announced for Kwinana have commenced and are
expected to be completed during November. This is part of the $750,000 capital budget previously
announced in the financial forecast released to the market in August 2005.

Yours faithfully
TOX FREE SOLUTIONS LIMITED

Position disclosure - Very happy 2 mill TOXO holder. I might have to get naked and walk the walk yet!

Regards,

Keith.