Wednesday 22 September 2004 - GLO Profit Forecast

Sep 22, 2004

ASX RELEASE

Global Approach Limited (ASX:GLO) made an announcement today elaborating on the profit forecast for the current financial year.

The full GLO announcement is attached. For further enquiries, please contact: Mike Veverka, CEO Ph: (07) 3831 3705 Fx: (07) 3831 9720 Email: mike@jumbocorporation.com Web: www.jumbocorporation.com     ASX RELEASE 22nd September 2004   LISTING RULE 3.1 On the 21st September 2004 the board of Global Approach Limited (GLO) announced that it had added additional games to its on line casino Music Hall Casino (MHC) and that further games would be added next month. The announcement further stated that the first 12 weeks of the current financial year had been profitable for the casino.   In terms of GLO and based on our current management financial accounts and allowing for no external growth from other activities the board are expecting a profit in the range of $100,000 to $500,000 for the current financial year.   It should be noted that the board feels that it is too early to make a more accurate forecast at this time because we are just entering the high activity period in North America and Europe but expects to be in a position to update the forecast later in the year.   For more information, please contact: David Barwick, Executive Chairman Email: davidb@globalapproach.com.au Web: www.globalapproach.com.au

Media Assets

 220920042.pdf