change on the horizon

On the 13th August 2007 signed an agreement with Virginia Bruce for the sale of 80% of its wholly owned subsidiary Real Brand and Business Pty Limited (RBB). Two of The Directors of RBH are Richard Poole, Philip Suriano who were involved with the start up of PKT (ADD) and Amerod Resources which became WEC(White Energy Company Ltd). Both these companies were backed by Crosby Capital Partners.

Interesting to note the following:

The directors have also agreed, subject to shareholders approval, to secure assistance for the development of shareholder value by issuing the following performance options independently to each of Mr John Atkinson, Mr Travers Duncan and Mr John McGuigan.

Mr John Atkinson, John McGuigan and Travers Duncan are involved with WEC.

http://www.whiteenergyco.com/about-us/board-of-directors.php


21 December 2007


Rights Issue Shortfall, Placement and Performance Options
Real Brand Holdings Limited (ASX: RBH) is pleased to announce the finalisation of the Rights Issue by the placement of 34,738,750 new ordinary shares at $0.04 per share raising gross proceeds of $1.39 million being the
fully underwritten shortfall. With the strong demand experienced at the time of placing the shortfall, the
Company has also elected to place an additional 8,664,250 new ordinary shares at $0.04 per share raising additional gross proceeds of $0.35 million under ASX listing rule 7.1. The placements will be finalised upon receiving
notice of cleared funds.

These funds will be now be used to towards reviewing and searching for new opportunities to help shareholder value.

To an extent that an opportunity arises that involves a change in the nature of scale of the company's current business, shareholder approval will be sought in accordance with the listing Rules prior to proceeding.

The directors have also agreed, subject to shareholders approval, to secure assistance for the development of shareholder value by issuing the following performance options independently to each of Mr John Atkinson, Mr Travers Duncan and Mr John McGuigan.

�� 4,000,000 options to acquire a share exercisable at $0.05 each on or before 30 June 2012 subject to the volume weighted average share price for RBH shares being in excess of $0.08 for any 30 day period; and

�� 4,000,000 options to acquire a share exercisable at $0.08 each on or before 30 June 2012 subject to the volume weighted average share price for RBH shares being in excess of $0.12 for any 30 day period.