ARIKA RESOURCES LIMITED — Board/Management Information 2011

Dec 5, 2011

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Suite 6, 245 Churchill Ave. Subiaco WA 6008 Phone: +61 8 9217 3300 | Fax: +61 8 9388 3006 ACN 086 839 992

www.pldcorporation.com.au

ASX Announcement 6 December 2011 ASX Code: PLD

COMPANY UPDATE

The Directors of PLD Corporation Limited (formerly Portland Orthopaedics Limited) (“the Company”) are pleased to announce that pursuant to resolutions of shareholders passed on the 23 November 2011:

1. The name of the company has now been amended to PLD Corporation Limited and the ASX Code remains PLD.

2. The registered office has moved to Suite 6, 245 Churchill Avenue Subiaco WA 6008.

   1. The issued capital of the Company has been consolidated on the basis that every ten (10) Shares have been consolidated into one (1) Share; and every ten (10) Options is in the process of consolidated into one (1) Option.

3. A new Constitution for the Company has been adopted.

4. Messrs Hugh Warner, Michael Pollak and Jonathan Pager have been appointed directors to the Company.

5. Mr Neil Hackett has been appointed Company Secretary.

6. Mr Daniel Rohr has been appointed as Chief Financial Officer.

The Directors are currently working towards restructure and recapitalisation of the company and liaising with the ASX in relation to reinstatement of PLD’s securities for trading on the ASX.

Further updates will be provided to the market as matters progress.

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