BN74 Hsbc Bk.26

RNS Number:7211R
Albidon Limited
07 April 2008


                                                    Level 1
                                                    62 Colin Street
                                                    West Perth   6005
ALBIDON LIMITED                                     Western Australia
                                                    ARBN 107 288 755

                                                    Tel: +61 8 9211 4600
                                                    Fax: +61 8 9211 4699 
                                                    Email:info@albidon.com
                                                    ASX Code: ALB
                                                    AIM Code: ALD

via electronic lodgement


7 April 2008


         NOTICE OF CHANGE IN SIGNIFICANT AND SUBSTANTIAL SHAREHOLDINGS

Albidon Limited advises that the following relevant changes to Significant and
Substantial shareholdings in the Company.


                            Class of           Previous Notice                   Present Notice
                           Securities
                                           Votes        Voting Power         Votes         Voting Power

Commonwealth Bank of          ORD        7,040,164         4.41%           9,150,231           5.56%
Australia (CBA)



The change came about through purchases between 18 March and 1 April at and
average price of $3.29 per share.



Please note: "Substantial Shareholding" is defined for the purposes of this
document, under section 671B of the Australian Corporations Act and ASX listing
rules, as a relevant interest of not less than 5% of the total votes attached to
the voting shares in the Company.



"Significant Shareholding" is defined in the AIM listing rules as a shareholder
of 3% or more of the total votes attached to the voting shares in the Company.



If you have any queries please contact the Chief Financial Officer, Nicholas Day
or the Managing Director, Dale Rogers on +61 8 9211 4600 or email
nickd@albidon.com.



Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen
+61 8 94802500.



Additional information may also be viewed on Albidon's website at
www.albidon.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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