SSH - DSL Management Limited

Details of transactions and events giving rise to person beginning to have substantial holding

Details of the transactions or other events requiring disclosure under the instructions to this form:

On the date of this form the substantial security holder was allotted 137,348,909 ordinary shares in the issuer. The security holder was issued 136,348,909 fully paid ordinary shares in the Company at an issue price of $0.10 per share as partial consideration for the acquisition of the shares of Franchise Development Limited pursuant to a Share Purchase Agreement. A further 1,000,000 fully paid ordinary shares in the Company were issued to DSL Management Limited at an issue price of $0.10 per share for a cash subscription of $100,000.

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SSH - Graeme Keith Jackson