Receipt of record date

Abano Healthcare Group has today confirmed that it has received notice from Masthead Portfolios Limited of a record date of 4 October 2007 for the proposed Partial Takeover offer previously announced by Masthead.

Abano remains unaware as to if or when the offer will be made.

The board of Abano recommends shareholders take no action in regards to the Masthead proposed offer until they receive a copy of the Target Company Statement from the Abano board.

The Target Company Statement will outline the recommendation of the Abano board and will also contain the independent advisors report. This will be provided to shareholders as soon as practical after the Masthead offer document is posted.