Subject: Results of Extra-ordinary General Meeting

May 18, 2005

ASX RELEASE

18 May 2005 Company Announcements Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Subject: Results of Extra-ordinary General Meeting

  Dear Sir, The results of the Extra-ordinary General Meeting held today at 11:00 am were as follows:   Resolution 1: Approval of Issue of Shares to TMS Global Vendors To consider and if thought fit, to pass the following as an ordinary resolution: “That in accordance with the provisions of the Australian Stock Exchange Limited (“ASX”) Listing Rule 7.1 and for all other purposes, the Company and the Directors of the Company are hereby authorised to issue fifty-nine million and seven hundred thousand (59,700,000) ordinary fully paid shares in the Company (“the Purchase Price Shares”) at a deemed issue price of 2.6 cents each and five million (5,000,000) attaching options to acquire Shares in the Company at an exercise price of 4c each (“Purchase Price Options”) to the persons listed more particularly in the Explanatory Memorandum which accompanies and forms part of this Notice (“the Vendors”) upon the terms and conditions contained in a binding heads of agreement dated 21 March 2005 (“the TMS Global HOA”), such Purchase Price Shares and Purchase Price Options to be issued and allotted upon completion of the TMS Global Agreement. The Purchase Price Shares and Purchase Price Options to be issued by the Company represent part of the consideration payable by the Company for the acquisition of all of the issued share capital of TMS Global Services Pty Ltd ACN 089 771 835, be hereby approved and ratified by shareholders”. Resolution 1 was passed on a show of hands. Proxies voted as follows: Total Proxies For: 26,743,473 Total Proxies Against: none Total Proxies Abstained: 40,000   Resolution 2: Ratification of Issue of Shares made on 10 October 2003 To consider and if thought fit, to pass the following as an ordinary resolution: “That in accordance with the provisions of Listing Rule 7.4 and 7.5 of the ASX Listing Rules and for all other purposes, the issue of one million (1,000,000) fully paid ordinary Shares in the share capital of the Company at an issue price of 1.6 cents per share to Xavier Robert Bergade in satisfaction for consulting services provided to the Company, be hereby approved and ratified by shareholders”. Resolution 2 was passed on a show of hands. Proxies voted as follows: Total Proxies For: 24,479,817 Total Proxies Against: 2,173,656 Total Proxies Abstained: 130,000   Yours sincerely Jumbo Corporation Limited   Garry J Clark Company Secretary

Media Assets

 18052005.pdf