eGlobal International Limited (“EGI”) (ABN 83 057 884 876) eGLOBAL ANNOUNCES RECORD DATE FOR $1 MILLION CAPITAL RETURN Australian technology company eGlobal International Limited has today (Tuesday, 7 October 2003) announced that the record date for its $1 million capital return to shareholders will be 16 October 2003, which is also the scheduled closing date for the current rights issue. The capital return, to be funded by eGlobal’s current $5 million capital raising program, will consist of a return of approximately 3.3 cents per ordinary share to all eGlobal ordinary shareholders as at 5:00 pm Brisbane time on 16 October 2003. The capital raising and capital return were approved at the recent General Meeting of eGlobal shareholders. While entitlement acceptances and applications received to date under the company's capital raising program have not yet exceeded the sum of $2 million (previously identified as commercially necessary to enable the board to confidently proceed with implementation of the return of capital and other proposed corporate actions), the board has now determined that the underwriting arrangements with ABN Amro Morgans give sufficient confidence that the necessary funding will be available to the company when required and that it is desirable for the return of capital to be implemented consistently with the capital raising program timetable, if possible. Accordingly the capital return record date has been fixed for 16 October 2003 and the payment is envisaged to be paid within one month after the record date. The date that the return of capital goes ex is 10 October 2003. The rights issue is scheduled to close on Thursday, 16 October 2003, while the public offer is scheduled to close on Friday, 31 October 2003. ABOUT eGLOBAL eGlobal International (ASX:EGI), headquartered in Brisbane, with offices in Sydney, Canberra and Melbourne, is an Asia Pacific based integrator of Enterprise Business Applications, Smart-card and Security Technologies covering Managed Security Services, Security Consulting (with an emphasis on eBusiness), Security Products and IP Interception (for Law Enforcement Agencies) for the Government, Telecommunications, Automotive, Mining, Health and Financial industries in Australia. Visit http://www.eglobal.net and http://www.citadel.com.au for further information. All trademarks mentioned in this release remain the property of their owners.
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