QMASTOR to deploy HorizonTM APS software to OneSteel Whyalla Mines and Export

The directors of QMASTOR Limited (ASX:QML) are pleased to announce the signing of a major contract with Dalrymple Bay Coal Terminal (DBCT) for the provision of QMASTOR's Pit to Port.net, SMS3D.net and iFuse systems at the Port of Hay Point in Mackay, Queensland, Australia. The contract will cover software licensing, services, support and maintenance for a period of 5 years with the majority of revenue to be received in the 08/09 and 09/10 financial years.

QMASTOR will supply DBCT with a comprehensive Coal Supply Management System that will provide coal tracking and inventory management across the Goonyella supply chain; including train management; stockyard management; stockpile modeling; ship loading and vessel management; shipping documentation; despatch demurrage management and web based reporting. Integration points include: the 20 supplying mines; rail service providers (QR) and plant SCADA systems.

Trent Bagnall, Managing Director of QMASTOR Limited stated "QMASTOR is delighted to partner with DBCT to assist with their ongoing supply chain improvement. The contract win is especially important for our company as it supports our further continuing expansion into the Queensland coal sector and the establishment of QMASTOR's Mackay office. We expect to be able to leverage this project to further increase our customer base at similar ports and bulk terminals throughout Australia and also internationally."

"QMASTOR's best of breed, commercial-off-the-shelf software systems are now contracted to manage over half a billion tonnes of bulk commodity movements per annum, the undisputed market leaders in mining and bulk commodity supply chain management software."

About QMASTOR Limited
QMASTOR Limited (ASX: QML) is a market leader in the provision of specialist management information systems and services to the global mining, port, power generation and other bulk commodity industries. QMASTOR has pioneered innovative solutions to empower clients to improve their operations and maximise profit through the efficient use of resources across the supply chain.

For further information contact:

Steve Maxwell – General Manager

Phone: +61 (2) 4908 2222

Email: [email protected]

Web: www.qmastor.com

About the Port of Hay Point
The Port of Hay Point is the world's largest coal export port and is comprised of two separate coal export terminals, Dalrymple Bay Coal Terminal (leased from the Queensland Government by Babcock and Brown Infrastructure) and the Hay Point Services Coal Terminal (owned and operated by BHP Billiton Mitsubishi Alliance).

About Dalrymple Bay Coal Terminal (DBCT)
As part of the world's largest coal export port, Dalrymple Bay Coal Terminal exports coking and metallurgical coal from Central Queensland's Bowen Basin mines to ports around the world. The terminal operates around the clock and has a current capacity of 59 million tonnes per annum (Mtpa), with expansion projects set to increase capacity 85 Mtpa by 2008. DBCT services 20 customers in the Bowen Basin and handles approximately 90 different coal products, all of which are transported to the terminal by Queensland Rail on the Goonyella Coal Chain rail link.

Mines currently shipping through DBCT and who will use QMASTOR's systems at DBCT include:

Blair Athol – Rio Tinto Coal Australia
Broadlea – VALE
Burton – Peabody Pacific
Carborough Downs – VALE
Coppabella – Macarthur Coal
Foxleigh – Anglo Coal Australia
German Creek – Anglo Coal Australia
Goonyella/Riverside – BHP Billiton Mitsubishi Alliance
Gregory – BHP Billiton Mitsubishi Alliance
Hail Creek – Rio Tinto Coal Australia
Isaac Plains – VALE / Aquila Resources
Millennium – Peabody Pacific
Moorvale – Macarthur Coal
Moranbah North – Anglo Coal Australia
North Goonyella – Peabody Pacific
Norwich Park – BHP Billiton Mitsubishi Alliance
Oaky Creek – XSTRATA
Peak Downs – BHP Billiton Mitsubishi Alliance
South Walker Creek – BHP Billiton Mitsubishi Alliance