ESG 0.00% 86.5¢ eastern star gas limited

the facts on scheme of arrangment voting

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    I'm happy to report in the interests of clarification, that I have some info on scheme of arrangement voting requirements.

    ESG has confirmed that shareholders at the Scheme Meeting, to be held in mid-October, can be present in person or by proxy for all resolutions.

    The SOA will have the following voting requirements:

    For the Scheme to proceed, the Scheme Resolution must be passed by:

    1) a majority in number of ESG shareholders (present in person or by proxy)who vote on the Scheme Resolution; and

    2) at least 75% of the votes cast on the Scheme Resolution.

    Hope that clears the issue up for everyone.



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