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DEEP YELLOW LIMITED Capital/Financing Update 2012

Oct 8, 2012

64808_rns_2012-10-08_1706cbac-21d5-4f3b-baff-3c26aed91040.pdf

Capital/Financing Update

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ASX Announcement

ASX: DYL

09 October 2012

Deep Yellow Limited Audio Broadcast

Deep Yellow Limited (ASX: DYL) is pleased to provide shareholders with a link to an audio broadcast of a Boardroom Radio interview with Managing Director, Mr Greg Cochran, regarding the raising of $6.5 Million and welcoming a cornerstone investor.

To listen to the Broadcast, please type the following link into your browser:

brrmedia.com/event/104810

For further information regarding this announcement, please contact:

For further information regarding this announcement, contact:

Greg Cochran Managing Director

Phone: +61 8 9286 6999 Email: [email protected]

For further information on the Company and its projects - visit the website at www.deepyellow.com.au

About Deep Yellow Limited

Deep Yellow Limited is an ASX-listed, advanced stage uranium exploration company with extensive operations in the southern African nation of Namibia and in Australia. It also has a listing on the Namibian Stock Exchange.

Deep Yellow’s primary focus is in Namibia where its operations are conducted by its 100% owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). Its flagship is the Omahola Project currently under Pre-Feasibility Study with concurrent resource drill-outs on the high grade Ongolo Alaskite – MS7 trend. It is also evaluating a stand-alone project for its Tubas-TRS uranium deposit utilising physical beneficiation techniques it successfully tested in 2011.

In Australia the Company owns the Napperby Uranium Project and numerous exploration tenements in the Northern Territory and in the Mount Isa District in Queensland.

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Level 1, 329 Hay Street, Subiaco, WA 6008 / PO Box 1770, Subiaco, WA 6904 Tel : 61 8 9286 6999 / Fax : 61 8 9286 6969 / ABN 97 006 391 948 Email: [email protected] / Website: www.deepyellow.com.au