ADSLOT LTD. — Capital/Financing Update 2007

Aug 12, 2007

==> picture [179 x 34] intentionally omitted <==

ABN 70 001 287 510 Level 3, 95 Coventry Street South Melbourne Vic 3205 Australia Phone + 61 3 8695 9199 Fax + 61 3 9696 0700

Ansearch announcement regarding Entitlement Issue

Melbourne: 13 August 2007

Ansearch Limited (ASX:ANH) will today send out the attached letter to all registered holders of its 4 cent partly paid entitlement shares to ensure that payment of the final 2c instalment is received by 21[st] August 2007 and shareholders have the opportunity to convert their partly paid holdings to ORD shares and receive the additional option entitlement.

==> picture [204 x 61] intentionally omitted <==

Jan Macpherson Company Secretary

For more information:

Robert Edge Jan Macpherson CEO, Ansearch Company Secretary Tel: +61 (0) 438 530 530 Tel: +61 (0) 419 940 558 Email: robert.edge@ansearchltd.com Email: jan.macpherson@ansearchltd.com

About Ansearch

The Ansearch group of companies generates revenue mainly by selling advertising space on a growing network of search engines, portals and popular websites. The Company originally provided this suite of products and services through its own search and directory websites, and has since extended its network and audience reach to include the distribution of advertising to third-party Australian, US and UK based search engines, websites and third party advertising networks.

With the recent acquisition of Webfirm (http://www.webfirm.com.au) and Searchworld (http://www.searchworld.com.au) the company can now provide the most 'complete' range of online media solutions to SME's.

Please visit http://www.ansearchltd.com for more details.

==> picture [101 x 30] intentionally omitted <==

==> picture [52 x 52] intentionally omitted <==

==> picture [98 x 35] intentionally omitted <==

ABN 70 001 287 510 Level 3, 95 Coventry Street South Melbourne Vic 3205 Australia Phone + 61 3 8695 9199 Fax + 61 3 9696 0700

==> picture [179 x 34] intentionally omitted <==

Dear Shareholder,

Third Instalment Payment Due On Ordinary Partly Paid Shares

Our records indicate that you hold partly paid shares in the Company’s recent rights entitlement issue and that the first and second instalments totalling 4 cents have been paid on each of the partly paid shares.

A Call Notice relating to the third instalment of 2 cents due on each of those partly paid shares has been sent to holders of the shares registered at 25[th] June 2007. You may not have been the holder of partly paid shares at that time, but as you are now the registered holder you are advised that this payment is due to be received by Computershare Investor Services Pty Ltd, GPO Box 52, Melbourne, Victoria, 3001 no later than close of business on Tuesday 21[st] August 2007.

The Company Directors advise that they either have, or will, make payment of the third instalment due on their own partly paid shares and encourage you to do likewise if you have not already done so. The Company is consolidating the growth phase of its operations and is in a highly exciting period in its development as an online media company of substance and global recognition.

We also must advise you of the consequences of non-payment of this third instalment. Those details were described both in the Prospectus and again in the recent Call Notice but you should be particularly aware of those consequences as the final date of payment approaches. Should the third instalment not be made by the relevant date your partly paid shares may be forfeited and those shares sold by the Company to cover the payment of the third 2 cent instalment and any other costs, charges or expenses associated with that disposal. For a more descriptive outline of the consequences of nonpayment of this third instalment please refer to the Prospectus or consult your Stockbroker or financial advisor.

Your continued support will greatly assist the Company’s growth.

Yours faithfully,

==> picture [166 x 50] intentionally omitted <==

Jan Macpherson Company Secretary 13[th] August 2007