director resigns

what a fn joke


does not reflect!!!!!!!!!!!!!!!!!!!!!!!!!!


fn bullshot


26 October 2006

RESIGNATION OF DIRECTOR

Chemeq Limited (ASX: CMQ) today announced that John Nicholls, a non-executive director of
the company has tendered his resignation from the Board of Chemeq with immediate effect.

Mr Nicholls is a director of the management company of one of Chemeq’s convertible bond
holders, Harmony Investment Fund Ltd.

“My resignation does not reflect any view on the merits of the redemption notice received from
Stark Trading, or any decision by Harmony with respect to the redemption of its own
convertible notes,” Mr Nicholls said.”

-ends-

FOR FURTHER INFORMATION PLEASE CONTACT:

David Williams
Chief Executive Officer
Chemeq Limited
Tel: 08 9362 0100

John McGlue
Castle Gates Australia
Tel: 08 9386 1025