DOTZ NANO LIMITED — Capital/Financing Update 2012

Oct 3, 2012

==> picture [104 x 96] intentionally omitted <==

MARKET RELEASE

4 October 2012

Northern Iron Limited

TRADING HALT

The securities of Northern Iron Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the commencement of normal trading on Monday 8 October 2012.

Security Code: NFE

Elizabeth Harris Principal Adviser, Listings (Perth)

Page 1 of 1

4 October 2012

Ms Jill Hewitt Senior Advisor – Listings (Perth) Australian Securities Exchange Level 8, 2 The Esplanade PERTH WA 6000

By email: tradinghaltsperth@asx.com.au

TRADING HALT REQUEST

Northern Iron Limited (ASX: NFE) ( Northern Iron ) hereby requests that an immediate trading halt be granted by the Australian Securities Exchange ( ASX ) with respect to its ordinary shares in accordance with ASX Listing Rule 17.1.

Northern Iron will announce today that it will be conducting an equity raising comprising a prorata accelerated non-renounceable entitlement offer of ordinary shares to be made to:

• eligible institutional shareholders of Northern Iron ( Institutional Entitlement Offer ); and

• eligible retail shareholders of Northern Iron ( Retail Entitlement Offer ),

together the Entitlement Offer .

The Institutional Entitlement Offer will be fully underwritten. For more information in relation to the Entitlement Offer please refer to the Pathfinder prospectus lodged with ASX today.

The trading halt is necessary in connection with the Institutional Entitlement Offer (including the related institutional bookbuild).

In accordance with the timetable submitted to ASX for the Entitlement Offer, Northern Iron wishes the trading halt to last until commencement of normal trading on Monday 8 October 2012, at which time Northern Iron expects to be in a position to make an announcement to the market regarding the results of the Institutional Entitlement Offer.

Northern Iron is not aware of any reason why the trading halt should not be granted, nor is it aware of any other information required to be provided to the market or ASX in relation to the trading halt.

Yours sincerely

NORTHERN IRON LIMITED

Alex Neuling Secretary

WS: 781813_3