ADSLOT LTD. — Major Shareholding Notification 2010

Feb 18, 2010

604 page 1/2

15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name

Webfirm Group Limited

ACN

001 287 510

1. Details of substantial holder (1)

Name Chris Morris ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 16/02/2010 The previous notice was given to the company on 27/10/2009 The previous notice was dated 20/10/2009

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Fully paid ordinaryshares	21,452,827	10.80%	44,438,542	9.05%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person’s votesaffected
16/02/2010	Colonial LeisureGroup Pty Ltd	Entitlement issue	$24,500.00	700,001	700,001
16/02/2010	Finico PtyLtd	New Issue	$749,999.99	21,428,571	21,428,571
16/02/2010	Finico PtyLtd	Placement	$30,000.00	857,143	857,143

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person’s votes
	Finico PtyLtd	Chris Morris		41,571,874	41,571,874
	ColonialLeisureGroup Pty Ltd	Chris Morris		1,866,668	1,866,668
	Maree Morris			1,000,000	1,000,000

PREC_10184_4 (W97)

604 GUIDE page 1/1 13 March 2000

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

NameandACN/ARSN(ifapplicable)	Nature of association
N/A
f persons named in this form are as follows:
Name	Address
Finico PtyLtd	10/123 Beaconsfield Parade Albert Park VIC 3206
Colonial Leisure GroupPtyLtd	Level 2, 45 St Georges Terrace Perth WA 6000
Maree Morris	10/123 Beaconsfield Parade Albert Park VIC 3206

6. Addresses

The addresses of persons named in this form are as follows:

Signature

print namesign here	Chris MorriscapacityDirector
	date18/2/2010
	DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

PREC_10184_4 (W97)