COMPLII FINTECH SOLUTIONS LTD — Capital/Financing Update 2008

Apr 21, 2008

Retail Star Limited Level 9, 440 Collins Street, Melbourne Vic 2000 P. +61 3 9607 1322 F. +61 3 9607 1329 www.retailstar.net.au ABN 71 098 238 585

==> picture [75 x 100] intentionally omitted <==

22nd April 2008

Exploration Update

Retail Star’s Malawi Uranium Exploration Program Phase 1 Completed

Phase 1 of Retail Star’s initial uranium exploration program in Malawi has been completed. Following a review of this phase, a substantially accelerated program is now possible for subsequent phases. Options are being assessed to carry out the work.

This first phase of the project commenced in late February, and involved historical data capture, compilation and review. This initial work was to generate and prioritise specific targets, and also prepare for the proposed on-ground exploration program. The work is being undertaken by Zambian-based GeoQuest Limited. A preliminary field visit was conducted to the Machinga area (figure 1) during this phase. In addition to successfully establishing contact with local authorities, two orientation field traverses were conducted with a scintillometer across part of the main Machinga airborne radiometric anomaly, to confirm the exact location of the anomaly and to undertake preliminary rock chip sampling.

The location of the traverses is shown on the plan in figure 2. Results are shown in figures 3 and 4. Anomalous zones were up to 400 metres wide with total count readings of up to 6-12 times background (all measurements at waist height). There was little or no geology outcrop along much of the traverses.The high scintillometer spikes mark outcropping pegmatites. Assays are not yet available from the rock chip sampling.

Phase 2 originally included plans for extensive soil sampling and trenching in order to optimally locate drillholes. As a result of the successful field reconnaissance, the proposed Phase 2 program was revised to significantly reduce the amount of soil sampling and trenching that will be required in order to site drillholes. As a result, the program can be accelerated and drilling will be possible earlier than originally planned. Options are being assessed to undertake the accelerated program.

Work in the Machinga tenement in the south of Malawi will focus on vein-style uranium-niobium-tantalum mineralisation. The company’s initial field program will commence in this area and target the known radiometric anomalies.

In the northern, Chintheche tenement, the main target is sediment-hosted uranium. Elsewhere on the tenement, there is potential for vein-style, basement-hosted uranium-niobium-tantalum mineralisation. Preliminary visits to Chintheche are scheduled for later in the year.

For further information contact:

Name: Ian Scott Position: Managing Director Contact Details: info@retailstar.net.au

RETAIL STAR LIMITED

2

RETA0C0\ASX176

==> picture [353 x 503] intentionally omitted <==

Figure 1: Malawi Geology and RSL tenements

RETAIL STAR LIMITED

3

RETA0C0\ASX176

==> picture [417 x 627] intentionally omitted <==

----- Start of picture text ----- Scintillometer traverses April2008----- End of picture text -----

Figure 2: Machinga Project (Machinga, formerly Kasupe)

RETAIL STAR LIMITED

4

RETA0C0\ASX176

==> picture [449 x 282] intentionally omitted <==

Figure 3: Northern scintillometer traverse – distance versus total counts and sample locations

==> picture [449 x 281] intentionally omitted <==

Figure 4: Southern scintillometer traverse – distance versus total counts and sample locations

The information in this report that relates to Exploration Results is based on information compiled by Mr Ian Scott, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Scott is a full-time employee of the Company and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral

RETAIL STAR LIMITED

5

RETA0C0\ASX176

Resources and Ore Reserves”. Mr Scott consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.