timetable for events

22 Febuary 2006
Complete Phoenix Share Issue
Announce Phoenix Share Issue, 2007 Option Issue and Placement Facilityto the ASX

3 Aprill 2006
Shareholder Meeting
Lodgement of prospectus with ASIC and ASX

4 Aprill 2006
Send notice to 15 June 2006 Optionholders

11 Aprill 2006
Entitlement Date to identify 15 June 2006 Optionholders entitled to participate in 2007 Option Issue

13 Aprill 2006
Prospectus sent to 15 June 2006 Optionholders

28 Aprill 2006
Acceptance close for 15 June 2006 Optionholders

2 May 2006
Notify Patersons of placement under Placement Facility

5 May 2006
2007 Options quoted
Dispatch of holding statements for 2007 Options
Settlement on Placement Facility and Patersons Option Grant


What the option holders don’t take up in April, the Underwriters will. The Option holders that don’t take up in April still can exercise before 15 June, just won’t receive the free option

Hope this helps Jack