EGI 0.00% $1.14 ellerston global investments limited

Very Interesting appointments

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    High Profile Directors to E Global Neville Wran to E Bet makes both these companies very Interesting . Regards Towie

    Board Appointments

    Document date: Thu 02 May 2002 Published: Thu 02 May 2002 15:27:21
    Document No: 262956 Document part: A
    Market Flag: N
    Classification: Company Administration - Other

    HOMEX - Sydney

    eGlobal International Limited (ASX:"EGI") ("eGlobal") is pushing
    ahead with its corporate restructuring process with the appointment
    of a new chairman Mr Jim Goldburg and a new director Mr Barry

    The new board appointments follow eGlobal's distribution of its
    40,000,000 shares in gaming group eBet Limited to eGlobal ordinary
    shareholders. The distribution of the eBet asset signals a fresh, new
    beginning for eGlobal as a publicly-listed entity in its own right.

    eGlobal managing director Gordon Chalmers said Mr Goldburg and Mr
    O'Rourke both bring extensive international business experience and
    management expertise to eGlobal.

    "Moving out of the shadows of eBet with a new board structure
    provides a great opportunity to fully focus on driving our business
    forward," he said.

    Mr Goldburg was a founding executive director of Australia's largest
    travel retailer Flight Centre Ltd. He has more than 20 years
    financial experience in the retail, travel and hospitality
    industries, 16 of those with Flight Centre Ltd including positions as
    Chief Financial Officer and Chief Operating Officer and is currently
    an alternate director of the group.

    Mr Goldburg now has a variety of business interests in property
    development and investment and currently sits on a number of boards,
    including positions with Cellnet Telecommunications Group Ltd,
    Northstate Capital Limited and the Mater Medical Research Institute.

    Non-executive director Mr Barry O'Rourke a a qualified lawyer and
    brings widespread international business experience to eGlobal.

    He was a merchant banker in London for 10 years, worked in the United
    Kingdom, America and Hong Kong, and was previously a major
    shareholder of Ausdoc at the time of its listing on the Australian
    Stock Exchange.

    Mr O'Rourke is currently involved in a variety of business
    interests, including investments in biotechnology company Delta,
    Diversified Industrial Services and Sunshine Foods.

    Further information:

    Alan Smith
    eGlobal International Limited
    (07) 3369 6899

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