MEDAIRE INC(MDE)

delisted at the company's request following announcement and letter to CDI holders dated 16 May 2008

we understand the decision to request de-listing from the ASX followed the stock split transaction on 4 January 2008 which reduced the number of shareholders from 1,457 to 54 - subsequently, there was a dramatic reduction in trading activity of the Company's stock - up to 16 May 2008 it traded on only 26 of the 91 trading days since the stock split transaction

the securities of MedAire Inc. (the "Company") will be suspended from quotation from the close of trading on Friday, 15 August 2008, at the request of the Company, following its announcement and letter to CDI holders dated 16 May 2008, indicating the Company's intention to be removed from the official list of ASX Limited

we understand this company effected a reverse split of the Company's common stock in a ratio of one-for-five thousand (the "Reverse Stock Split") - in the event that a stockholder held only a fractional share following the Reverse Stock Split, the Company purchased all of that stockholder's shares (on a pre-split basis) for USD$1.11 per share (AUD$1.35) - subsequent to the Reverse Stock Split and the purchase by the Company of all fractional shares, there was a stock split of five thousand-for-one (the "Forward Stock Split" and together with the Reverse Split, the "Stock Split") such that the shares authorised for issuance by the Company and the par value per share were the same as before the Reverse Stock Split."

shares reinstated to quotation

shares suspended from quotation pending clarification of the composition of the board of directors