CL8 HOLDINGS LIMITED — M&A Activity 2009

Oct 5, 2009

==> picture [132 x 79] intentionally omitted <==

WEBSPY LTD

ABN: 90 329 705 081 PO Box 881 West Perth, WA 6872

Level 3, 9 Colin Street West Perth, WA 6005 AUSTRALIA Phone: +61 8 9321 3322 Fax: +61 8 9321 3377

6 October 2009

ASX Ltd Exchange Plaza 2 The Esplanade PERTH WA 6000

UNITED STATES Columbia Center 701 5 t h Avenue, Suite 4200 Seattle, WA, 98104 USA Phone: +1 206 262 7763 Fax: +1 206 708 6113

UNITED KINGDOM Westbourne House 14‐16 Westbourne Grove London, W2 5RH UNITED KINGDOM Phone: +44 207 239 7500 Fax: +44 207 239 7539

www.webspy.com info@webspy.com

FURTHER UPDATE ON POTENTIAL ACQUISITION

Further to the announcement made on 29 September 2009, the Board advises that negotiations and documentation on the proposed transaction is continuing and that it expects to clarify its decision by next week.

Yours sincerely

Jack Andrys Chief Executive Officer WebSpy Ltd

==> picture [30 x 20] intentionally omitted <==

WebSpy

1