BIRON CAPITAL LIMITED (BIC)

name changed to Biron Apparel Limited

shares reinstated to quotation

advises that it has completed the acquisition of the Ed Harry Group and the Physico Group as outlined in the Notice of Meeting dated 4 August 2005 - the company has also completed the capital raising ($9m by way of issuing 15m shares at an issue price of $0.60 each) - the company expects to have its shares reinstated for trading to the ASX during the week commencing 19 September 2005

resolutions 1 to 10 contained in the Notice of General Meeting dated 4 August 2005 were approved at the meeting of shareholders held today by a show of hands

the Company has resolved to extend the closing date of the prospectus dated and lodged on 4 August 2005 to 15 September 2005

company extends the closing date of the prospectus (dated and lodged on 4 August 2005) to the 8th September 2005

company releases a presentation that Biron's Chairman, Mr John Corr is presenting to key investors as part of the company's prospectus lodged on 4 August 2005 - shareholders should note this is not the presentation, merely a copy of the slides

company applies for the quotation of additional securities including Ordinary Fully Paid Shares, Performance Based fully paid shares and Unlisted Options

provides Notice Of General Meeting & Explanatory Memorandum to be held at 48 Ord Street, West Perth, Western Australia on 8 September 2005

lodges a prospectus with ASIC today to issue 15 million shares at $0.60 each to raise $9m

suspension of the shares will continue while the company undertakes due diligence on the acquisitions as previously announced - directors have decided to wait for year-end results of the two entities concerned before finalising the valuations - the timing is likely to be the issue of a notice of meeting about the third week of July for a meeting of shareholders (to obtain various approvals relating to the acquisitions) late August

shares suspended from quotation following the company announcement that it has reached in principle agreements for acquisitions in the Australian apparel industry under which it will acquire The Ed Harry men's apparel retail business and The Physico Clothing Company Pty Ltd women's apparel wholesale business - and pending a further announcement about these acquisitions

shares reinstated to quotation

shares suspended following the announcement of acquisitions and a capital raising

company has reached in principle agreements for acquisitions in the Australian apparel industry under which it will acquire The Ed Harry men's apparel retail business and The Physico Clothing Company Pty Ltd women's apparel wholesale business

we understand that on or about this date the company made a capital return of 28 cents per share

name changed from Biron Corporation Limited