4DS MEMORY LIMITED — Capital/Financing Update 2014

Dec 14, 2014

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12 December 2014

Dear Shareholder

Notice to Shareholders of Rights Issue

We write to you as the registered holder of Fitzroy Resources Limited (FRY) shares (ASX code FRY).

As advised in an ASX announcement on 10 December 2014, FRY is undertaking a non-renounceable pro rata offer of shares to its shareholders.

The pro rata offer is on the basis of 1 new share for every 1 share held at the Record Date each at an issue price of $0.004 (Rights Issue). The Rights Issue is not underwritten.

The Rights Issue is available to all FRY shareholders registered on the record date of 17 December 2014 (Record Date).

The Rights Issue Offer Document in relation to the Rights Issue has been lodged with ASX and is available at the Company’s website: www.fitzroyresources.com.au.

The Rights Issue is being made without a prospectus, but if you remain as a registered shareholder of FRY on the Record Date, a Rights Issue Offer Document containing your entitlement will be sent to you on 19 December 2014. The timetable for the Rights Issue is below:

Lodgment of Appendix 3B and s708AA notice	10 December 2014
Notice to Shareholders	12 December 2014
Existing Shares quoted on an"ex"basis	15 December 2014
Record Date	17 December 2014
Rights Issue Offer Document and Entitlement andAcceptance Form sent to Eligible Shareholders	19 December 2014
Closing Date	6 January 2015
Shares quoted on a deferred settlement basis	7 January 2015
Company to notify ASX of under subscriptions (if any)	9 January 2015
Anticipated date for the issue of the Shares and sendingof security holder statements	13 January 2015
Deferred settlement trading ends	13 January2015

Please note that where the determination of an eligible shareholder's entitlement results in a fraction of a share, such fraction will be rounded down to the nearest whole share.

The directors of FRY recommend that if you are in doubt as to the value of the Rights Issue then you should contact your financial adviser.

Kind Regards

FITZROY RESOURCES LIMITED

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Tom Henderson Chairman

Fitzroy Resources Level 1, 35 Havelock Street, West Perth, Western Australia 6005 Tel: 61 8 9481 7111 Fax: 61 8 9320 5001 PO Box 839, West Perth BC 6872 admin@fitzroyresources.com.au

www.fitzroyresources.com.au ACN: 145 510 110

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12 December 2014

Dear Shareholder

Notice to Shareholders of Rights Issue

We write to you as the registered holder of Fitzroy Resources Limited ( FRY ) shares (ASX code FRY).

As advised in an ASX announcement on 10 December 2014, FRY is undertaking a non-renounceable pro rata offer of shares to its shareholders.

The pro rata offer is on the basis of 1 new shares for every 1 shares held at the record date each at an issue price of $0.004 ( Rights Issue ). The Rights Issue is not underwritten.

The Rights Issue is not being extended to shareholders whose address is outside Australia or New Zealand ( Ineligible Shareholders ).

The Company has determined that it would be unreasonable on this occasion to extend the Rights Issue to Ineligible Shareholders having regard to:

• (a) the number of Ineligible Shareholders;

• (b) the number and value of shares to be offered to Ineligible Shareholders; and

• (c) the cost of comply with overseas legal and regulatory requirements.

For your information only, details of the Rights Issue are contained in the Rights Issue Offer Document which has been lodged with ASX. The Rights Issue Offer Document is available on the Company's website www.fitzroyesources.com.au and on the ASX website at www.asx.com.au.

Kind Regards

FITZROY RESOURCES LIMITED

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Tom Henderson Chairman

Fitzroy Resources Level 1, 35 Havelock Street, West Perth, Western Australia 6005 Tel: 61 8 9481 7111 Fax: 61 8 9320 5001 PO Box 839, West Perth BC 6872 admin@fitzroyresources.com.au

www.fitzroyresources.com.au ACN: 145 510 110