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CADOUX LIMITED Capital/Financing Update 2009

Jul 16, 2009

64620_rns_2009-07-16_59926e98-cb54-44dd-9112-f40b03653d1a.pdf

Capital/Financing Update

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EXPIRY OF A.M.B. DEBT FACILITY

SUMMARY

The Company’s $1.5M A.M.B. debt facility has expired unused.

Perth, Australia. 17 May2009 : The Directors of Freedom Eye Limited (ASX: FYI) wish to inform the market that the $1.5 million standby debt facility issued by A.M.B. Holdings Pty Ltd (as announced to the market on 6 September 2007) has today expired unused.

The Company’s $400,000 overdraft facility provided by the National Australia Bank remains in place. The overdraft facility is reviewed annually and is also currently unused.

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Further Information:

Dr David Sparling Chief Operating Officer Tel: (08) 9355 0399 Mob: 0417 721 972 Email: [email protected]

www.freedomeye.com

Unit 9, 8 Sarich Way, BENTLEY 6102 Postal: PO Box 1102 EAST VICTORIA PARK WA 6981 Tel: +61 8 9355 0399 Fax: +61 8 9472 0475 Email: [email protected] Website: www.freedomeye.com