New IPO Offer: CoreTrack PTY Ltd

Wednesday 2nd August 2006

CoreTrack Pty Ltd is seeking to raise A$2,250,000 through an Initial Public Offering (IPO) of shares to be listed on the Australian Stock Exchange.

Shares will be issued at an issue price of A$0.20 each. The company's shares will trade on the Australian Stock Exchange and this offer is now available to New Zealanders. For full details click on the investment statement link below.

CoreTrack:
- Is commercialising patented technology used in the coring services sector of the global oil and gas industry.
- Has developed technology that provides significant cost savings to core sampling in energy exploration, a huge growing market, currently valued at A$650 million.
- Intends to use raised capital for international marketing, process development, worldwide IP protection and capital equipment
- Has a proven board with a track record of multiple successful
technology listings.

This is a great opportunity for New Zealanders to gain exposure to the hugely profitable and growing oil and gas industry.

Opening Date of Offer: 10 July 2006
Closing Date of Offer: 7 August 2006 **extended until 18th Aug**
Shares allotted on or before: 9 August 2006
Shares expected to commence trading on: 15 August 2006

Copies of the New Zealand Investment Statement and the Australian Prospectus can be obtained from http://www.coretrack.com.au/ir/index.htm or by phoning +61 8 9382 1311 or email invest@coretrack.com.au

This advertisement is for distribution in New Zealand only. The securities referred to herein have not been and will not be registered in the United States and may not be offered or sold in the United States or to or for the account or benefit of US persons or otherwise distributed in the United States. This email will not constitute an offer to sell or a solicitation of an offer to buy the securities referred to herein anywhere outside of New Zealand.

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