INVESTMENT COMPANY OF THE WEST LIMITED (ICW)

name changed to Prairie Downs Metals Limited

applies for the quotation of additional securities

applies for the quotation of additional securities

company announces that the various offers made under the Prospectus dated 16 August 2005 have closed oversubscribed - the Company has received applications from 117 existing shareholders of the Company and 173 public investors totalling in excess of $3.5 million, including acceptance of oversubscriptions totalling $1.0 million

lodges 2005 annual report and provides Notice of an Annual General Meeting to be held at 52 Ord Street, West Perth, Western Australia at 9.00am (WST) on 7 November 2005

advises that the resolutions put to shareholders were carried at the General Meeting of the Company held today

lodges preliminary final report

issues a prospectus for an offer of 12,500,000 Shares to raise $2,500,000 at an offer price of 20 cents each (it is also proposed the company be renamed Prairie Downs Metals Limited)

advises that a general meeting will be held at 9.00 am on 12 September 2005 at 52 Ord Street, West Perth, Western Australia

company announces it has entered into an agreement to acquire a 100% interest in Mineral Investments Pty Ltd, a company with several prospective base metal projects in WA - it will issue shares and options to finance the purchase and when the capital raising is complete will seek re-quotation of its shares

lodges half year (to 31 December 2004) report and accounts

this company raised $1.06m during 2003 but by 30 June 2004 was left with only $903k - where to from here??

shares suspended from quotation

name changed from Property Investments Limited