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Technology Stocks : Geo2 Ltd. Green technologies -- Ignore unavailable to you. Want to Upgrade?

To: richard badauskas who wrote (49)	6/8/2000 4:49:00 PM
From: Henrik	Respond to of 70

e-mail MICHAEL WEST at: margincall@matp.newsltd.com.au Richard, thank you for your reply. The e-mail address of Michael West was a footer to the article I posted yesterday -: margincall@matp.newsltd.com.au With your inside knowledge of GEO2 perhaps you care to keep Michael West informed as you keep this thread updated. Regards, Henrik Disclosure: I have a position in GEO2

To: richard badauskas who wrote (49)	6/9/2000 1:29:00 AM
From: Henrik	Read Replies (1) \| Respond to of 70

Comment re:Newspaper Article Attached is the chairman's reply to the article in The Australian yesterday. Sadly the article had a negative impacted on the stock price - this was reflected in the market yesterday and again today (Friday). More damage control is required. Factual & positive news is needed. ============================================================ GEO2 LIMITED 2000-06-09 ASX-SIGNAL-G HOMEX - Melbourne Michael West, in his Margin Call column in yesterday's Australian newspaper, has chosen to attack Geo2 with old claims and much misinformation. The thrust of his article is misleading and untrue. The matter relating to the PLA contract in China has been responded to by the company in an ASX announcement dated 24 November 1999. The article repeats allegations by a former business associate of the company who is currently a defendant in a defamation action in the Supreme Court launched by Geo2. Any relationship with that associate ended in early 1998. Suffice to say that many of the claims now repeated by Mr West have been circulated by the defendants to the media, the ASX and the authorities over the last year without attracting any credible support. The Court will no doubt resolve this dispute in due course, Meanwhile we are taking advice as to whether the appropriate action is to issue further defamation proceedings. The disappointing part of Mr West's article is that he chose to deliberately ignore the fact that Geo2 has a number of environmental technologies and emerging businesses. Some of these, like the oil water separator, which was developed specifically for the Royal Australian Navy, are world first environmental technologies. C Laycock EXECUTIVE CHAIRMAN