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OVANTI LIMITED Regulatory Filings 2011

May 11, 2011

65513_rns_2011-05-11_7cf09b08-bd4d-49d2-a115-1ba1c07c5c69.pdf

Regulatory Filings

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MARKET RELEASE

12 May 2011

OMI Holdings Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of OMI Holdings Limited (the “Company”) will be suspended from quotation from the commencement of trading today, at the request of the Company, pending the release of an announcement in relation to a proposed acquisition and capital raising.

Security Code: OMI

Melissa Grundy Manager, Listings (Brisbane)

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12 May 2011

The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

Request for voluntary suspension – Listing Rule 17.2

Pursuant to ASX Listing Rule 17.2, OMI Holdings Limited ( OMI ) requests a voluntary suspension pending the release of an announcement in relation to a proposed acquisition and capital raising by OMI.

OMI proposes that the voluntary suspension be lifted at the earlier of the release of the announcement or the commencement of trading on 19 May 2011.

OMI is not aware of any reason the voluntary suspension should not be granted.

By order of the Board

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David Woodford Company Secretary