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Webjet today advised the General Meeting of shareholders held 12 July unanimously passed all resolutions in relation to the Harvey World Travel transaction. Full details of the resolutions and voting is as per below.

WEBJET LIMITED
GENERAL MEETING OF SHAREHOLDERS
Held at Webjet Limited

Date: Monday 12 July 2004

Meeting Start Time: 10.00 am

Chairman: Allan Nahum

Present:
Steven Scheuer (Director)
David Clarke (Director)
John Lemish (Director)
David Turner
Chris Newman
Pauline Caven
Peter Kendal
Finlay Stuart
Andrew Stuart
Bridget Walker
John Guscic
Rosann Mellon
Dean Maidment
Marari Nominees
Richard Noon
Robert Collie

By invitation:
Jim Maxwell (Minter Ellison)
Glen Ward (Minter Ellison)
Jonathan Buckley (Intersuisse)

Apologies: Ben Lochtenberg (Deputy Chairman)

1. The Chairman opened the meeting at 10 a.m. as scheduled and noted that as more than five shareholders (accounting for greater than 5% of the company) were in attendance, a formal quorum existed and the meeting was formally declared open.

2. The Chairman indicated that the meeting was convened under Notice of Meeting distributed on 7 June 2004 which was greater than 28 days from today’s date and therefore the meeting was appropriately constituted.

3. The Chairman moved that the Minutes of the last Annual General Meeting of the company held on 26 November 2003 be moved as read and that was seconded by David Clarke.

4. The Chairman moved the Notice of Meeting to be taken as read and that was seconded by Dean Maidment.

5. Proxy details were read to the meeting and distributed, as per the attached schedule.

6. There being no further business the meeting closed at 10.30 am.

Richard Noon
Company Secretary


BUSINESS

Resolution 1

This resolution required shareholders approval to the company entering into the Subscription Deed with Harvey World Travel and to authorise the Directors to issue to Harvey World Travel 21 million shares at $0.04 per share in accordance with the terms recorded in the Explanatory Statement and Notice of General Meeting

Resolution was seconded by John Guscic
Resolution was passed on an unanimous show of hands

Resolution 2

This resolution required shareholders approval to the company of the issue of transaction options giving authority to the Directors to issue to Harvey World Travel 23 million options for shares at $0.04 per share in accordance with the terms recorded in the Explanatory Statement and Notice of General Meeting

Resolution was seconded by John Guscic
Resolution was passed on an unanimous show of hands

Resolution 3

This resolution required shareholders approval to the company to provide authority to the Directors to issue to Harvey World Travel 56 million options for shares at a price per share which varies depending on when the options are exercised and the volume weight average Australian Stock Exchange price of the Webjet shares for the ten business days prior to the option exercise date in accordance with the terms recorded in the Explanatory Statement and Notice of General Meeting

The resolution was seconded by David Clarke
Resolution was passed on an unanimous show of hands

Resolution 4

This resolution required shareholders approval to the company to make changes to the company’s Constitution to give effect to the agreement with Harvey World Travel as to how certain decisions of Directors will be made by the proportion of Directors votes at Directors meeting in accordance with the terms recorded in the Explanatory Statement and Notice of General Meeting

The resolution was seconded by Dean Maidment
Resolution was passed on an unanimous show of hands

Resolution 5

This resolution required shareholders approval to the company to change the existing company Constitution to reduce the maximum number of directors of the company from eight to seven in accordance with the terms recorded in the Explanatory Statement and Notice of General Meeting

The resolution was seconded John Guscic
Resolution was passed on an unanimous show of hands