ASX Obtains Treasurer’s Approval For SFE Bid

Australian Stock Exchange Limited (ASX) and SFE Corporation Limited (SFE) welcome today’s announcement by the Federal Treasurer that he has approved ASX’s application to have 100% of the voting power in SFE and its subsidiaries.

The approval was granted without any conditions.

ASX and SFE now look forward to SFE shareholders voting on the merger proposal at their meeting on 5 July 2006.

ASX and SFE announced their intention to merge on 27 March 2006. Their announcement can be found at: www.asx.com.au/about/pdf/media_release_270306.pdf