a bit short in petty cash /new issue

MIC looks like getting dumped on the next open with more dilution on the way

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MARKET RELEASE

29 November 2004
Michelago Limited

SUSPENSION FROM OFFICIAL QUOTATION

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The securities of Michelago Limited (the “Company”) will be suspendedfrom quotation immediately, at the request of the Company, pending an announcement relating to a transaction and a capital raising to be
undertaken by the Company.

Security Code: MIC
Richard Hajzuk

Companies Adviser
s:\syd-code-j-n\mic\mic2004.11.29mr-rh - voluntary suspension.doc Page 1 of 1
29 November 2004
Mr Richard Hajzuk
Companies Officer
Australian Stock Exchange Limited
20 Bridge Street
SYDNEY NSW 2000
Dear Mr Hajzuk

Request For Voluntary Suspension
I refer to our telephone conversations this morning and hereby apply for a voluntary
suspension of the Company’s quoted securities pursuant to Listing Rule 17.2 for Monday, 29
November 2004 pending an announcement to the market relating to a transaction and fund
raising to be undertaken by the Company.
We are not aware of any reason why the suspension should not be granted.

Yours sincerely
Michelago Limited
Heath Roberts
Company Secretary

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