Appendix 3B New issue announcementAppendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement,application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

Myer Holdings Limited

ABN

14 119 085 602

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of +securities issued or to be issued

Ordinary shares, fully paid

2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

100,000

3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid

+securities, the amount

outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

100,000 ordinary shares issued pursuant to the

Myer Equity Incentive Plan.

+ See chapter 19 for defined terms.

24/10/2005Appendix 3B Page 1

4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?
If the additional securities do not rank equally, please state: