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Wednesday 11 January, 2006

Spearhead Ltd Inc.

Rule 2.10 Announcement-Amend

Spearhead Limited Inc.
11 January 2006


                             For immediate release

                                11 January 2006

                          Stock Exchange Announcement

                     Spearhead Limited Inc. ('Spearhead')

                      Rule 2.10 announcement - Replacement


The following replaces the Rule 2.10 announcement released today at 10:28 under
RNS No. 7623W. In the second sentence the word 'Savoy's' has been replaced with
'Spearhead's'.

In accordance with Rule 2.10 of The City Code on Take-overs and Mergers,
Spearhead confirms that it has 40,651,512 common shares of US$0.001 each in
issue.

The International Securities Identification Number (ISIN) for Spearhead's
ordinary shares is US8473561020.


End

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