re: to cease trading on asx on 13 october To Cease Trading on...

re: to cease trading on asx on 13 october To Cease Trading on ASX on 13 October 2006

TSX: – MGL
6 OCTOBER 2006 AIM / ASX: - MOE
MOTO GOLDMINES TO CEASE TRADING ON ASX ON 13 OCTOBER 2006

PERTH, WESTERN AUSTRALIA -

"Moto Goldmines Limited (“Moto”) confirms that, further to
the news release dated 10 July 2006, Moto securities will cease to trade on Australian Stock Exchange Limited (“ASX”) at 4.00pm Australian Eastern Standard Time on 13 October 2006. Moto will then formally delist from ASX the following week.
Moto shares will continue to trade on the Toronto Stock Exchange (“TSX”) and London Stock Exchange’s AIM market (“AIM”).

http://sa.iguana2.com/cache/adf26f92783eb8d71ebbb9d7ba4ee717/ASX-MOE-336920.pdf
As previously advised, shareholders that hold their shares through Moto’s Australian sub-register (for trading on ASX) hold such interests in the form of CDIs (CHESS Depositary Interests).
CHESS is the electronic settlement system used in Australia.

Holders of CDIs have been offered the option of receiving shares that are registered on Moto’s Canadian register (for trading on TSX) or on Moto’s UK sub-register (for trading on AIM). If shareholders do not make an election with respect to the Canadian register or UK sub-register by 13 October 2006, their CDIs will be transferred by default to the Canadian register (upon the de-listing
from ASX).

Documentation in respect of this registration process has been mailed to CDI holders.
Australian shareholders will be able to trade shares in the Company on the TSX or AIM by contacting
(i) Australian brokers with relationships with registered brokers in those markets;
(ii) TSX and AIM registered brokers in Canada and the UK respectively; or
(iii) Patersons Securities Limited (“Patersons”) – Moto has appointed Patersons to assist shareholders (subsequent to the delisting from ASX) seeking to trade (or transfer) their shares on either TSX or AIM"