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IGNITE LIMITED Capital/Financing Update 2004

Sep 19, 2004

65110_rns_2004-09-19_6c18060a-d610-4f28-a5f8-a345d470c674.pdf

Capital/Financing Update

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20 September 2004

CANDLE AUSTRALIA LIMITED TO UNDERWRITE DRP

Australasia's leading white collar recruitment company, Candle Australia Limited recently paid a final fully franked dividend of \$0.05 per share. The Company advises that it has raised \$1,602,241 via the underwriting of the company's dividend reinvestment plan.

Patersons Securities Limited conducted the transaction which involved the issue of 942.495 shares at the dividend reinvestment plan price of \$1.6958. The funds will assist in effecting acquisitions as part of the company's well publicised diversification strategy.

For more information:

Robert Collins - Managing Director - Candle Australia Limited - (02) 9250 8100