UXC announced that it has appointed Patersons Securities as Lead Manager and Underwriter for the exercise of the Bonus Options expiring 31 March 2010. The total proceeds from the exercise of the Bonus Options of approx. $10.2m, representing approx. 22.7m shares, are fully underwritten. The sub-underwriting book closed heavily oversubscribed. Share allotments for options exercised will be made in mid April.

Blue Energy announced it has signed a Memorandum of Understanding (MOU) with Korea Gas Corporation (KOGAS) to investigate the feasibility of developing small scale Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) projects within Eastern Australia. A joint working group will be formed by Blue Energy and KOGAS with the purpose of identifying potential opportunities for the development and operation of micro LNG and CNG facilities with the aim of providing a clean, environmentally friendly alternative to existing fuels such as diesel, petrol and LPG.

The securities of Seven Network will be placed in pre-open at the request of the company until the earlier of the commencement of normal trading on Thursday, 18 March 2010 or when the announcement is released to the market.

Eastern Star Gas announced its bimonthly drilling update on its coal seam gas drilling operations in PEL238 and PEL6, around the township of Narrabri, in Northern NSW, reporting Tintsfield 3H has reached a total depth of 1492m MD with Tintsfield 6 vertical production well successfully intersected - a total of approx. 450m of coal was intersected during the lateral drilling; Tintsfield 3H has reached intermediate casing point at a depth of 935m MD; Bohena 14 has reached a depth of 728m - preliminary indications show the well has intersected 10m of coal in the Black Jack Formation; and Milguy 1 has reached a depth of 933m where the drill rods have parted - preliminary indications show approx. 6m of coal has been intersected to date in the Moolayember Formation.

AWE provided a Hoki-1 update, reporting the Kan Tan IV drilling rig has successfully completed the running and cementing of the 13-3/8" casing at 1,505m. The operator of the Kan Tan IV drilling rig, Maersk Drilling, advised the Company that some essential repair work is required to ensure the ongoing safe operation of the drilling unit; such repair work was intended to be undertaken whilst the drilling rig was in transit from Australia to New Zealand, however was deferred due to weather. This work is primarily related to the drilling mast. Maersk, to whose account the cost of rig time and repair expense will be attributable to, has advised the Company that this work will take at least 7 days, following which, the drilling of Hoki-1 will resume.

Telecom Corporation announced the completion overnight of a 10-year benchmark Euro 1bn Eurobond issue, with a 4.25% annual coupon and a maturity of 23 March 2020. The Company reported that the successful bond issue, which will be fully swapped into A$ through to maturity, would provide Telstra with around A$1.5bn of cost effective long-term funding and help to lengthen the average maturity of Telstra's debt portfolio. Issue proceeds will be used mainly for retiring shorter term bank debt and for general working capital purposes.

Telecom Corporation of New Zealand announced that the Government confirmed the rural broadband plans that it originally set out in September 2009. The Company advised that if these plans are enacted in their current form, Telecom's EBITDA guidance for each of the 2011, 2012 and 2013 financial years will be adversely impacted by up to $56m.

Silex Systems announced that it has completed the acquisition of the assets of Melbourne based Solar Systems Group (SSG). The assets have been acquired in a wholly owned subsidiary of Silex Systems, with business operations to continue in part of the previously leased premises in Abbotsford, Melbourne. The asset purchase price of $20m includes $2m cash and $18m in Silex shares.

Telecom Corporation of New Zealand announced the government has finalised its plans for rural telecommunications with Cabinet signing off on proposals for the roll out of high speed broadband in rural areas and the reform of the Telecommunications Service Obligations (TSO). A big part of the plan will be connecting fibre directly to rural schools. The rural broadband initiative is expected to cost around $300m, and it is being funded by a $48m direct government grant, plus $252m from a new Telecommunications Development Levy being set up as part of the accompanying TSO reforms, which were also confirmed by cabinet.

News Corporation reported News America Incorporated, a subsidiary of the Company, announced that it redeemed 98.6% of its 0.75% Senior Exchangeable BUCS at the specified redemption price of $1,013.48 per Security in connection with the holders' right to tender Securities on the March 15, 2010 holder redemption date (the Holder Redemption). Additionally, News America issued a notice to the remaining holders of the Securities announcing that it will redeem all of the remaining outstanding Securities on April 14, 2010 for cash. In connection with the Holder Redemption, News America paid an aggregate of approx. $1.65bn to the holders of the Securities that had exercised this redemption option which is based on the redemption price of $1,013.48 per Security.