CYCLIQ GROUP LTD — Capital/Financing Update 2008

Jun 29, 2008

==> picture [121 x 49] intentionally omitted <==

==> picture [78 x 7] intentionally omitted <==

----- Start of picture text ----- ACN 119 749 647----- End of picture text -----

==> picture [420 x 46] intentionally omitted <==

30 June 2008

Manager of Company Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000

Non-Renounceable Entitlement Offer of Options

We advise that the Prospectus for the non-renounceable entitlement offer of options on a one for one basis at an issue price of 1 cent per option has today been dispatched to eligible shareholders.

Yours faithfully

Neville Bassett Director

Suite B 150 Hay Street Subiaco Western Australia 6008 Phone 08 9388 8439 Fax 08 9388 8450