Q Investments Ltd.

News Release

October 15, 2003
TSX Symbol: QBX

Amended Management Discussion and Analysis

London, United Kingdom, October 15, 2003 – At the request of the BC Securities Commission and pursuant to the continuous disclosure review program, Cubix Investments Ltd. (the “Company”) has amended and restated its March 31, 2003 Schedule C – Management Discussion and Analysis. The revised MD & A provides more in-depth information with respect to the Company’s investments, write-down of oil and gas properties, related party transactions, loan to Gemini Energy Corp. and professional fees. The document has been filed and is available for viewing on both the Company’s website and the SEDAR website at www.sedar.com.

For further information contact the Company at 44-20-7977-1268 or visit our website at www.cubixinvestments.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release.

Amended and Restated March 31, 2003 Management Discussion and Analysis


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