ADSLOT LTD. — Share Issue/Capital Change 2011

Mar 22, 2011

Rule
2.7,
3.10.3,
3.10.4,
3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information
or
documents
not
available
now
must
be
given
to
ASX
as
soon
as
available.
Information
and documents
given
to
ASX
become
ASX’s
property
and
may
be
made
public.

Introduced
1/7/96.
Origin:
Appendix
5.
Amended
1/7/98,
1/9/99,
1/7/2000,
30/9/2001,
11/3/2002,
1/1/2003,
24/10/2005.

Name
of
entity

Webfirm Group Limited

ABN

70 001 287 510

We
(the
entity)
give
ASX
the
following
information.

Part 1 - All issues

You
must
complete
the
relevant
sections
(attach
sheets
if
there
is
not
enough
space).

• • 1 Class
    of securities
    issued
    or
    to Ordinary shares fully paid on exercise of be
    issued options 2 Number

of[+] securities
issued
or to
be
issued
(if
known)
or 1,300,000 Ordinary shares on exercise of maximum
number
which
may
be options issued

3 Principal
terms
of
the[+] securities (eg,
if
options,
exercise
price
and Ordinary shares fully paid issued under expiry date; if partly paid the terms and conditions of the Webfirm +securities, the amount Group Employee Share Option Plan. outstanding
and
due
dates
for payment; if +convertible securities,
the
conversion
price and
dates
for
conversion)

• See
  chapter
  19
  for
  defined
  terms.

1/1/2003

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3B
Page
1

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4 Do the+securities rank equally in all respects from the date of allotment with an existing+class of quoted+securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering +securities into uncertificated holdings or despatch of certificates	Yes
	1,300,000 at 5.6 cents
	Ordinary shares fully paid issued under the terms and conditions of the Webfirm Group Employee Share Option Plan.
	22 March 2011

8 Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)	Number	+Class
	677,642,536	Fully paid ordinary shares

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(W2003)

9 Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)	Number	+Class
	3,636,364 2,100,000 8,050,003 1,000,000 51,700,000 10,600,000 2,000,000 309,589 3,000,000 300,000	Fully paid ordinary shares restricted until 7 December 2011 Options exercisable before 10/04/11 @ 50.0c Options exercisable before 30/06/12 @ 10.0c Options exercisable before 22/10/12 @ 9.0c Options exercisable before 31/01/13 @ 5.3c Options exercisable before 31/01/13 @ 5.6c Options exercisable before 9/07/14 @ 15.1c Options exercisable before 9/07/14 @ 9.6c Options exercisable before 30/09/14 @11.6c Options exercisable before 30/09/14 @19c

10 Dividend
policy
(in
the
case
of
a There has been no change to Webfirm Group trust,
distribution
policy)
on
the Limited's dividend policy increased
capital
(interests)

• See
  chapter
  19
  for
  defined
  terms.

1/1/2003

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3B
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3

ME_84095164_1
(W2003)

Part 2 - Bonus issue or pro rata issue

art	2 - Bonus issue or pro r
11	Is security holder approval
	required?
12	Is the issue renounceable or non- renounceable?
13	Ratio in which the+securities
	will be offered
14	+Class of+securities to which the offer relates
15	+Record date to determine
	entitlements
16	Will holdings on different
	registers (or subregisters) be aggregated for calculating
	entitlements?
17	Policy for deciding entitlements
	in relation to fractions
18	Names of countries in which the
	entity has+security holders who will not be sent new issue
	documents
	Note: Security holders must be told how their
	entitlements are to be dealt with.
	Cross reference: rule 7.7.
19	Closing date for receipt of
	acceptances or renunciations
20	Names of any underwriters
21	Amount of any underwriting fee
	or commission
22	Names of any brokers to the
23	issue Fee or commission payable to
	the broker to the issue

ME_84095164_1
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24	Amount of any handling fee
	payable to brokers who lodge
	acceptances or renunciations on
	behalf of+security holders
25	If the issue is contingent on
	+security holders’ approval, the date of the meeting
26	Date entitlement and acceptance
	form and prospectus or Product
	Disclosure Statement will be sent
	to persons entitled
27	If the entity has issued options,
	and the terms entitle option
	holders to participate on
	exercise, the date on which notices will be sent to option
28	holders Date rights trading will begin (if
	applicable)
29	Date rights trading will end (if
	applicable)
30	How do+security holders sell their entitlements_in full_through
31	a broker? How do+security holders sell part of their entitlements
	through a broker and accept for
	the balance?
32	How do+security holders dispose of their entitlements (except by
	sale through a broker)?
33	+Despatch date

• See
  chapter
  19
  for
  defined
  terms.

24/10/2005
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3B
Page
5

ME_84095164_1
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Part 3 - Quotation of securities

You
need
only
complete
this
section
if
you
are
applying
for
quotation
of
securities

• 34 Type
  of
  securities ( tick
  one )

• (a) X Securities
  described
  in
  Part
  1
  (Unrestricted
  securities)

(b)[All
other
securities
]

Example:
restricted
securities
at
the
end
of
the
escrowed
period,
partly
paid
securities
that
become
fully
paid, employee
incentive
share
securities
when
restriction
ends,
securities
issued
on
expiry
or
conversion
of
convertible securities

Entities that have ticked box 34(a)

**Additional

securities
forming
a
new
class
of
securities**

Tick
to
indicate
you
are
providing
the
information
or documents

35 If
the[+] securities
are[+] equity
securities,
the
names
of
the
20
largest
holders
of
the additional[+] securities,
and
the
number
and
percentage
of
additional[+] securities held
by
those
holders

36 If
the[+] securities
are[+] equity
securities,
a
distribution
schedule
of
the
additional +securities
setting
out
the
number
of
holders
in
the
categories

1
-­‐
1,000

1,001
-­‐
100,000

100,001
–
1,000,000 1,000,001
–
10,000,000 10,000,001
and
over

37 A
copy
of
any
trust
deed
for
the
additional[+] securities

Entities that have ticked box 34(b)

38 Number
of
securities
for
which +quotation
is
sought

39 Class
of +securities
for
which quotation
is
sought

ME_84095164_1
(W2003)

40 Do
the[+] securities
rank
equally
in all
respects
from
the
date
of allotment
with
an
existing[+] class of
quoted[+] securities? If
the
additional
securities
do
not rank
equally,
please
state:

• the
  date
  from
  which
  they
  do

• the
  extent
  to
  which
  they participate for the next dividend,
  (in
  the
  case
  of
  a trust,
  distribution)
  or
  interest payment

• the
  extent
  to
  which
  they
  do not
  rank
  equally,
  other
  than
  in relation
  to
  the
  next
  dividend, distribution or interest payment

• 41 Reason
  for
  request
  for
  quotation now

Example:
In
the
case
of
restricted
securities,
end of
restriction
period (if
issued
upon
conversion
of another
security,
clearly
identify that
other
security)

Number +Class 42 Number and +class of all +securities quoted on ASX ( including the
securities
in
clause 38)

**Quotation

agreement**

• 1 +Quotation
  of
  our
  additional +securities
  is
  in
  ASX’s
  absolute
  discretion.
  ASX may
  quote
  the[+] securities
  on
  any
  conditions
  it
  decides.

• 2 We
  warrant
  the
  following
  to
  ASX.

• The
  issue
  of
  the[+] securities
  to
  be
  quoted
  complies
  with
  the
  law
  and
  is not
  for
  an
  illegal
  purpose.

• See
  chapter
  19
  for
  defined
  terms.

24/10/2005
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3B
Page
7

ME_84095164_1
(W2003)

• There
  is
  no
  reason
  why
  those[+] securities
  should
  not
  be
  granted + quotation.

• An
  offer
  of
  the[+] securities
  for
  sale
  within
  12
  months
  after
  their
  issue will
  not
  require
  disclosure
  under
  section
  707(3)
  or
  section
  1012C(6)
  of the
  Corporations
  Act.

Note:
An
entity
may
need
to
obtain
appropriate
warranties
from
subscribers
for
the
securities
in
order
to
be able
to
give
this
warranty

• Section
  724
  or
  section
  1016E
  of
  the
  Corporations
  Act
  does
  not
  apply
  to any
  applications
  received
  by
  us
  in
  relation
  to
  any[+] securities
  to
  be quoted
  and
  that
  no-­‐one
  has
  any
  right
  to
  return
  any[+] securities
  to
  be quoted
  under
  sections
  737,
  738
  or
  1016F
  of
  the
  Corporations
  Act
  at
  the time
  that
  we
  request
  that
  the[+] securities
  be
  quoted.

• If
  we
  are
  a
  trust,
  we
  warrant
  that
  no
  person
  has
  the
  right
  to
  return
  the +securities
  to
  be
  quoted
  under
  section
  1019B
  of
  the
  Corporations
  Act
  at the
  time
  that
  we
  request
  that
  the[+] securities
  be
  quoted.

• 3 We
  will
  indemnify
  ASX
  to
  the
  fullest
  extent
  permitted
  by
  law
  in
  respect
  of
  any claim,
  action
  or
  expense
  arising
  from
  or
  connected
  with
  any
  breach
  of
  the warranties
  in
  this
  agreement.

• 4 We
  give
  ASX
  the
  information
  and
  documents
  required
  by
  this
  form.

If
any information
or
document
not
available
now,
will
give
it
to
ASX
before +quotation
of
the +securities
begins.
We
acknowledge
that
ASX
is
relying
on the
information
and
documents.
We
warrant
that
they
are
(will
be)
true
and complete.

Sign
here:

==> picture [74 x 34] intentionally omitted <==

Date: 22
March
2011

Print
name: BRENDAN
MAHER (Company
Secretary)

ME_84095164_1
(W2003)