Dear Fellow Travellers who oppose the OIP/GGX merger some of us...

Dear Fellow Travellers who oppose the OIP/GGX merger some of us vehemently and passionately since the day it was imposed on us last October,

Please note that the OXX bid is conditional on the proposed merger with Gas2Grid Limited not being implemented. The challenge for OXX and for us is to notify all those OIP shareholders who have submitted their Proxy in favour of the merger of the opportunity presented them today by OOX in its bid for our shares.

As I indicated in my last post "I had a brief look at OXX's most recent Investor Presentation. I would be far more satisified with one OXX share for six of my OIP shares, rather than have to suffer being sold out and diluted in OIP's scurrilous merger with GGX." I feel sure you would all agree on this point.

But for us to accept the OXX offer we must ensure the merger fails next Tuesday. Furthermore if we are to in addition benefit from a likely bidding war btween ESG and OXX for our OIP shares then again we must ensure that that merger fails.

But time is almost impossibly short. We have little more than two days to alert all those OIP shareholders who by now have mailed their Proxy in favour of the merger, first of the worth of the OXX bid and second, that they can change their vote by obtaining a new proxy form from Orions share registry at [email protected]

But their new proxy must be completed and returned to Registries Limited, GPO Box 3993, Sydney, NSW 2001 or faxed to +61 2 9290 9655 by 11.00am on Sunday 21 February 2010 to be valid.

Even those OIP shareholders who also hold GGX shares might see the benefit in changing their vote to one against the merger, so they can partake of the very attractive OXX offer and as well benefit from a likely bidding war.

For those who contribute to this forum our challenge is to get this information into the media. May I suggest letters to the editor tonight.

As well we can all send emails to ASIC and the ASX asking that the merger meeting be rescheduled for at least a fortnight to enable OIP shareholders to take account of today's bid by OOX and to offer OIP shareholders the opportunity to resubmit their proxy. For this to work we need a flood of emails! Email addresses and fax numbers are as follows:

Candice Trevenna | Customer Service Officer ASX Limited e: [email protected] | f: +61 2 9227 0885

Elizabeth Korpi | Lawyer | Corporations | ASIC [email protected]
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Hope all this helps us get what we deserve from our depressed OIP shares.

My thoughts and call to action for what they might be worth,

Regards, Fairgopat