Summary of Proceedings, AGM, 2001

ASX ANNOUNECEMENT

A summary of the proceedings of the Annual General Meeting of InfoChoice Limited held earlier today follows:

Ordinary Business:

Accounts and Reports
The Accounts and reports for the year ended 30 June 2001 were tabled.

Election of Mr Trevor Perry
Mr Trevor Perry’s election as a Director was approved by shareholders on a show of hands.

Election of Mr Rob Gamble
Mr Rob Gamble’s election as a Director was approved by shareholders on a show of hands.

Election of Mr Tim Trumper
Mr Tim Trumper’s election as a Director was approved by shareholders on a show of hands.

Election of Mr John Gerahty
Mr John Gerahty’s election as a Director was approved by shareholders on a show of hands.

Election of Mr Michael Traill
Mr Michael Traill’s election as a Director was approved by shareholders on a show of hands.

Special Business:

The following items of special business were approved by shareholders on a show of hands:

Authorisation of Acquisition of Assets from My Money Group Limited

It was resolved as an ordinary resolution that members approve and ratify the Company entering into the agreement pursuant to which, among other things, the Company will acquire assets from My Money Group Ltd in consideration for the Company allotting shares to My Money Group Limited.

It was further resolved that in the alternative the Directors are authorised to enter into such other agreement with My Money Group Limited, as they consider appropriate in the circumstances, provided it is not more onerous to InfoChoice Limited than the agreement approved as outlined in the Notice of Meeting.

To approve options exercise price

To approve as an ordinary resolution the issue of 16,000,000 options to Become Media Holdings Pty Ltd at the exercise price of one tenth of a cent, as provided in the Transaction Documents.

Yours sincerely
INFOCHOICE LIMITED

Salman Haq
Company Secretary

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