Media Release23rd March 2001

AUSTRALIAN CORPORATES TO GAIN INCREASED
EXPOSURE TO INTERNATIONAL INVESTORS

Australian corporates now have instant access to international investors, removing one of the major hurdles of raising capital offshore.

This follows the expansion into the Australian market of Asia Pacific investor relations (IR) communication platform, irasia.com, which opens the door for local companies to gain unprecedented exposure to the global investment community.

irasia.com, established in Hong Kong in 1996, is the authoritative web site on Asian equities for global investors and currently profiles more than 2,500 listed companies in the region.

The site has over 6,000 registered viewers and an extensive distribution network to retail and professional investors through a network of strategic partnerships including Multex, Bridge, I/B/E/S, Trapeze.net, TraHK and MSN.

Chief Executive Officer and co-founder of irasia.com, Ms Alison Chow, announced the move to Australia today. She said the reality of reaching investors - big and small, locally and internationally - is often daunting for public companies.

"The game of investing has gone global. With companies increasingly vying for the attention of investors, a free online investor one-stop-shop for the region offers a win-win situation.

"It gives investors what they want - convenient access to timely and authoritative information, and companies what they want - direct communication with existing and potential investors, enabling them to compete on an increasingly global investor playing field," she said.

"With pan-Asian coverage that aligns with the regional mindset of fund managers, irasia.com fills a unique niche at a time when companies are finding it more important than ever to build a stronger retail or institutional shareholder base. Corporates such as Macquarie Bank, Harbour Capital, Jardine Matheson, PCCW and Shangri-La Asia currently utilise our services to cost-effectively raise critical brand awareness amongst a key professional investor audience."

"As the only dedicated investor information platform for the region, irasia.com will empower Australian public companies - large and small - to reach a global investor audience in real time, regardless of time zone."

irasia.com Australian Country Manager, Ms Susan Werkner Moallem, said the expansion of irasia.com into the Australian market is timely, coinciding with ASX plans for reciprocal trading links with the Singapore and Hong Kong Stock Exchanges.

"The inclusion of the Australian Stock Exchange in a future pan-Asian bourse will further increase irasia.com's value as a premier investor resource, as it is the only centralised site available for companies across the three markets.

"irasia.com is a free source of information on Asia Pacific stocks for Australian investors, and will similarly increase the exposure of local public companies to its Asia Pacific counterparts," Ms Werkner Moallem said.

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About irasia.com

www.irasia.com is a dedicated IR communications partner for Asia Pacific listed companies, and has offices in Hong Kong, Singapore and Sydney. Through its proactive investor communication network, irasia.com works to build shareholder value, and ensures fair disclosure for all company stakeholders with immediate notifications of company announcements to the public and registered users. Clients control the presentation of all company information and pay an annual fee for the irasia.com service. Viewing is free and does not require registration.

irasia.com has been rated by TIME Magazine as one of the Best Sites for "Research to make Investment Decisions", and is a FORBES Magazine Best of the Web pick. It is entrusted to disseminate news from regulatory bodies in the region such as the Hong Kong Exchanges and Clearing Limited, Hong Kong's Securities and Futures Commission, the Singapore Exchange and the Stock Exchange of Thailand.

For further information, please contact:

irasia.com Limited
Tel: +61 (02) 9255-7915
Website: www.irasia.com
email: info@irasia.com


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