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EML PAYMENTS LIMITED Capital/Financing Update 2008

Jul 3, 2008

64847_rns_2008-07-03_a7d8e56e-6e26-4015-bbd0-b405618dcbf1.pdf

Capital/Financing Update

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==> picture [595 x 98] intentionally omitted <==

4 July 2008

Company Announcements Office ASX Securities Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Re: Expiration and lapse of Options

The directors of Australasia Gold Limited advise that effective from 30 June 2008 17,374,158 listed options to acquire ordinary shares expired unexercised.

For further information, contact

Mick Billing Director Ph: 08 8339 0580

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