LION SELECTION LIMITED(LST)

many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service

delisted at the request of the Company, under listing rule 17.11.

we understand Lion Selection shareholders received one Catalpa share for each Lion Selection share they held after Catalpa undertook a one-for-eleven share consolidation on November 26 - Lion Selection then undertook a demerger of its investment assets and payment of a 10 cents per share cash distribution to its shareholders on December 7 - the demerger was effectively a spin-off of its African Lion and Asian Lion arms into a National Stock Exchange-listed investment vehicle (see LGP)

we understand that on or about this date the company demerged Lion Selection Group Limited by way of a 1 for 1 distribution

on behalf of LST shareholders, LST has received preliminary verbal confirmation of the Class Rulings outcome from the ATO - Receipt of LSG shares under the Demerger will be treated as a return of capital, with no component being an unfranked dividend. The cost base of LSG shares received will be equal to the market value of the LSG shares at the time of the distribution. This is expected to be 40 cents, being the price determined by the Matching Facility as announced to the ASX on 7 December 2009. The ATO has advised that demerger relief will not be available

company advises that following a successful bookbuild process, the matching price under the Matching Facility conducted by E.L. & C. Baillieu Stockbroking Limited is 40cps involving 16.87m shares. All sellers in the facility have been matched and a vast majority of existing Lion shareholders will receive their purchase allocation in full

we understand that on or about this date the company made an in specie distribution of 1 share in Lion Selection Group Limited for every 1 share in the company

Lion Selection Limited ("Lion") has arranged for E.L. & C. Baillieu Stockbroking Ltd to provide a matching facility for shareholders of Lion with respect to shares in Lion Selection Group Limited ("LSG") to be transferred to Lion shareholders pursuant to the demerger of LSG from Lion, as set out in the Explanatory Booklet and Matching Facility Circular, both dated 9 October 2009. The price for buying and selling shares in LSG under the matching facility will be set by way of bookbuild, but will be not less than $0.40 and not more than $0.55 per LSG share

the securities of Lion Selection Limited (the "Company") will be suspended from quotation at close of trading today

shareholders in Catalpa Resources Limited ("AH") have voted in favour of the Scheme of Arrangement (the "Scheme") giving effect to the merger between Lion Selection Limited ("LST") and CAH - LST shareholders will receive one CAH share for every one LST share held, on a post consolidation basis (Catalpa undertakes a one-for-eleven share consolidation on November 26)

former director of Lion Selection Ltd, Mr John O'Reilly of Twickenham London has today appeared in the Melbourne Magistrate's Court on charges bought by ASIC of insider trading, breach of directors duties and giving false or misleading information to a director of the company

the suspension of trading in the securities of Lion Selection Limited (the "Company") will be lifted immediately, following the release of their announcement titled "Major Cash Return Proposed"

the securities of Lion Selection Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company (it expects to make the announcement following a board meeting prior to 10.00am Monday 19 May 2008)

as a result of the merger of Lion Selection Group Limited (LSG) with AuSelect Limited (AUS), Lion Selection Group has been suspended from trading as from 16 April - the merged company, Lion Selection Limited, is trading as LST