allco hit ltd trading halt, page-3

As announced on 17 July 2008 a consortium consisting of the original owners,
senior management and BOS International has entered into negotiations for the
acquisition of Strategic Investment Group Limited, the immediate parent of
Strategic Finance. Those negotiations have been ongoing and the Board of
Strategic Finance understands that in addition to a change of ownership the
transaction will involve a capital restructure. This will require
consideration by Strategic's securityholders of debenture stock, subordinated
notes and perpetual preference shares.

While the negotiations have been continuing there has been a further material
decline in the property finance market sector and reinvestment rates.

To allow these matters to be concluded and to protect the position of the
securityholders, the Board of Strategic Finance announce that effective from
today it has suspended redemptions of its secured debenture stock and
subordinated notes. Strategic Finance has also ceased accepting subscriptions
for debenture stock and subordinated notes under its current prospectus and
investment statement.

A further announcement is expected tomorrow.