Mikoh Corporation Limited

Asian Activities Report for October 21, 2011 includes: Navarre Minerals Limited (ASX:NML) announces a further high-grade gold intercept from air-core drilling at its Tandarra prospect in Victoria; Entek Energy Limited (ASX:ETE) today provides an update on the Niobrara Shale Oil Project appraisal program in the Green River Basin in the United States; African Iron Limited (ASX:AKI) announces further significant direct shipping ore assay results of up to 61.7% Fe from its 92% owned Mayoko Iron Ore Project in Congo; MIKOH Corporation Limited (ASX:MIK) has received orders from two new orders from Thailand and India.

Yesterday Australian shares rallied to their biggest one-day gain since October 1997. Confidence in Australian banks was buoyed by Prime Minister Kevin Rudd's announcement that all deposits in Australian financial institutions would be guaranteed for three years. Analysts said last week the market probably hit the bottom when investors were in the depths of fear and panic, but recovery may cost a long time. Despite the short-term buoyancy, the Australian market remains fearful of deeper plunges, especially if the powerful US market continues to falter.