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K2 Corp. (59OE)

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Wednesday 08 March, 2006

K2 Corp.

Capital Notes

K2 Corporation
08 March 2006


Regulatory Announcement

Headline: Capital Notes


K2 Corporation

In our capacity as Investment Manager to the Issuer we hereby give notice that
the following notices have been sent to investors:
     
1.   A notice to K2 Series 1 Capital Noteholders describing certain proposed
     changes to the terms of their Capital Notes.

2.   A notice to all K2 Capital Noteholders describing certain proposed changes 
     to the method by which the Capital Note programme limit may be increased.
     
3.   A notice to K2 Capital Noteholders holding Capital Notes under ISIN's
     XS0227678959, XS0230734989 and XS0231369298 describing proposed changes to 
     the maturity date extension provisions in those Notes.


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