Chairman's Welcome

Dear Shareholder,

On behalf of our directors, it is my pleasure to welcome you as a Shareholder in IntraPower Limited (IntraPower).

The IntraPower business was established in Brisbane in 1998 and commenced development of its proprietary software platform that enabled the Company to provide private communication networks to small and medium size corporates. Today IntraPower provides Internet Protocol communication products and services to corporate Australia; brokering value added products from selected providers and underpinning this with proprietary technology enabling clients to manage their own secure, tailor made network.

With offices in Brisbane, Sydney and Melbourne, IntraPower’s focus is Business to Business (B2B) communications enabling organisations in Australia and New Zealand to source the most effective network providers and integrate the most appropriate IT services and products into secure networks.

The Board considers IntraPower’s competitive advantage to be its proprietary software, Visibility.X, which is overlaid on its independent network providing clients with 24/7 real time access to critical management information and skilled technical support. In addition, Visibility.X enables these organisations to build, manage and profit from next generation networks and IT management systems with “white label” offerings for their own clients.

IntraPower’s long-term goal is to be a leading supplier of B2B communications network solutions in Australia and internationally. Our success will be achieved by being focussed to achieve scale in all businesses, developing innovative products, outstanding network management and service delivery and most importantly, building vendor and supplier relationships to reduce costs, improve products and drive growth.

Once again, on behalf of the Directors of IntraPower, I look forward to welcoming you as a shareholder of the Company and sharing in our future growth with you.

Yours sincerely,

The Hon. Mike Ahern, AO, Chairman