IVK Investika Di

RNS Number:2680L
Investika Ltd
31 October 2006



                                 INVESTIKA LTD

                                (the "Company")



31 October 2006



Please find below the Company's notice of sale of unmarketable parcels of shares
forwarded to the relevant shareholders, that has been announced on the ASX.



Enquiries to:



Chrisilios Kyriakou, Chief Executive Officer
Investika Ltd
Telephone: 020 7514 1480



Paul Dudley / Peter Jackson
WH Ireland Limited
Telephone: 020 7220 1666




                                 INVESTIKA LTD

                                 ABN  45 000 673  423

Suite 107
109 Pitt Street                 Tel:   02 9233 8011
SYDNEY NSW 2000                 Fax:   02 9233 1349




30 October 2006



Dear Shareholder



ELIMINATION NOTICE - SALE OF UNMARKETABLE PARCELS



Investika Ltd currently has over 3,700 Shareholders on its share register.  Of
these, many hold parcels of less than $500 in value based on the current share
market price, hence are deemed holders of unmarketable share parcels.



ASX Listing Rules and the Company's Constitution empowers the Company to sell
the security holdings of any member who holds less than a marketable parcel of
securities ("Minority Member") provided the Minority Member has:



(a)   been issued with an Elimination Notice and Notice of Retention; and



(b)   not returned their Notice of Retention by 5:00pm on 13 December 2006 
("Retention Date").



Investika Ltd ("IVK") would like to sell on your behalf, your unmarketable
parcel of shares in the Company.



Your shareholding (which is set out on the Notice of Retention) was less than a
marketable parcel at the Notice Date.



To assist in reducing the large shareholder base and the administrative costs
associated with that base, Rule 183 of the Company's Constitution provides the
Company with the power to sell unmarketable parcels of shares, at the Company's
cost, and to remit the proceeds to the shareholders whose shares have been
disposed of in this manner. In many cases, such a sale may benefit the
shareholders involved as it will allow their shares to be readily sold on the
ASX (which they might otherwise find difficult to do due to the small size of
their shareholding) and there will be no brokerage costs payable by them on the
sale (as these will be borne by the Company).


This notice is to inform you, and all other holders of unmarketable parcels of
shares that the Company intends to invoke the provisions of Rule 183 of the
Company's Constitution and sell your unmarketable parcel. If you wish your
shareholding to be sold there is no need to do anything. As soon as is practical
after 5:00pm on 13 December 2006 the Company will endeavour to arrange the sale
at the prevailing market price and the proceeds from that sale will be remitted
to you.



If you do not wish for your shares to be sold you must complete and return the
Notice of Retention to our Share Registry, Security Transfer Registrars by 13
December 2006.


Should you have any queries in relation to this matter please contact the
undersigned by telephone on (02) 92338011.



Yours faithfully



Investika Ltd
J B Maguire
Company Secretary

                                 Investika Ltd

                              ABN 45 000 673 423

                         NOTICE OF RETENTION OF SHARES



Holder Name                                HIN/SRN:   
                                                             
Address Line 1                             Unmarketable Holding:  
Address Line 2
Address Line 3
Address Line 4
Address Line 5



The Directors



I/we wish to retain my/our shareholding in the Company and hereby advise the
Company that the provisions of Rule 183 of the Constitution are not to apply to
my/our shares.



Signatures(s)


Individual/Security holder 1   Security holder 2          Security holder 3


Director                    Director/Company Secretary    Sole Director &
                                                         Sole Company Secretary




Company Seal


Dated: ........./........./ .........



Daytime Telephone Number




PLEASE RETURN THIS NOTICE TO THE COMPANY'S SHARE REGISTRY:



SECURITY TRANSFER REGISTRARS PTY LTD



Delivery:               Post:
770 Canning Highway     PO Box 535          Telephone:      08 9315 2333
APPLECROSS  WA  6153    APPLECROSS  WA  6953   Facsimile:   08 9315 2233


Notes:



1.    For full details, please read the Elimination Notice.



2.    If you wish to retain your shareholding in the Company, please sign this
notice in the space provided and return it to the Company's share registry by 5:
00pm WST 13 December 2006.



3.    Notice in respect of a corporation must be executed in accordance with the
constitution of that corporation.



4.    Notices signed under power of attorney or by the executor of an estate
must be accompanied by a copy of that power or letters of administration, as the
case may be, unless previously lodged for noting.



5.    In the case of holdings held by two or more persons, all holders must
sign.



6.    Please provide your daytime telephone number so we can contact you if
there are any problems with your Notice of Retention.



        THIS NOTICE OF RETENTION MUST BE RECEIVED BY THE COMPANY'S SHARE
                  REGISTRY BY NO LATER THAN 5:00PM WST ON 13 DECEMBER 2006



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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