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View MEO Australia share price.

This price is delayed by at least 20 minutes and is sourced from the Australian Stock Exchange

Retrieving this share price indicates your acceptance of the Conditions

View MEO Australia company announcements.

This edited text of the announcements is delayed by at least 20 minutes and is sourced from the Australian Stock Exchange

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METHANOL AUSTRALIA LIMITED ACN 066 447 952: PROSPECTUS DATED 3 AUGUST 2006

On 3 August 2006 METHANOL AUSTRALIA LIMITED ACN 066 447 952 (the "Company") lodged a Prospectus for an non renounceable Entitlements Offer of New Shares on the basis that members shall be entitled to apply for 1 New Share for every 4 Shares held at an Issue Price 22.5 cents to raise $8,696,537 (before expenses) with 1 New Option attaching to every New Share with New Options being exercisable by 30 April 2007 at 25 cents per share (the "Rights Issue").

The Record Date to determine entitlements to the Rights Issue is 11 August 2006 and the Prospectus and accompanying Entitlement and Acceptance Form will be despatched to Eligible Shareholders on 17 August 2006. The last day for acceptances and payment to be received is Monday 11 September 2006 at 5:00pm AEST

Potential investors should read the entire Prospectus and, in particular, carefully consider the matters and risk factors raised in the Prospectus in the light of their personal circumstances (including financial and taxation issues) and seek professional advice from an accountant, stockbroker, lawyer or other professional adviser.

An investment in the Company's securities should be considered speculative.

The electronic version of the Prospectus being made available on the Company's website does not contain any Application Form and is for information purposes only. No offer is made under the electronic form of the Prospectus, and there is no facility for electronic acceptances. New Shares (and New Options) in the Company will only be issued on the basis of an Entitlement and Acceptance Form which will accompany the Prospectus when it is dispatched to Eligible Shareholders as at the Record Date.

The Prospectus contains a "Shortfall Offer" which is open to Eligible Shareholders who wish to subscribe for New Shares and New Options to the extent of any shortfall under the Rights Issue. The Entitlement and Acceptance Form to be dispatched to Eligible Shareholders provides a facility to apply for additional New Shares and New Options.

The Directors may reject any application made under the Shortfall Offer or allocate fewer New Shares (and New Options) than the Eligible Shareholder has applied for.

The Act prohibits any person from passing onto another person any application form unless it is attached to a hard copy of the Prospectus or it accompanies the complete and unaltered version of the Prospectus and any supplementary prospectus that may be issued (whether in paper or electronic form). A person may obtain a hard copy of the Prospectus (and of any supplementary prospectus which may be issued) free of charge by contacting the Company. The Prospectus does not constitute an offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation. The distribution of the Prospectus in jurisdictions outside Australia may be restricted by law and persons who come into possession of the Prospectus should seek advice on and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. No action has been taken to register or qualify the Shares or the Offer, or otherwise permit a public offering of the Shares, in any jurisdiction outside Australia or New Zealand.

The Prospectus is provided on the basis that the Company is not liable for any loss or damage incurred or caused as a result of or from accessing or relying on any information downloaded from, or accessed on this site, including, but not limited to, loss and damage arising from data corruption on download.

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