FINDI LIMITED — Capital/Financing Update 2011

Jul 26, 2011

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Transaction Solutions International

Limited

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TSI SECURES NEW ATM DEAL IN INDIA

Highlights

• New 100 ATM contract negotiated with Tamilnad Mercantile Bank (“TMB”).

• ATMs to be placed within bank branches and near branch locations.

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The Directors of Transaction Solutions International Ltd (“TSI”) are pleased to announce that TSI India has successfully concluded negotiations with Tamilnad Mercantile Bank (“TMB”) for the deployment of a further 100 ATMs. The placement of the ATMs will be both within the bank’s branches, as well as selected sites within close proximity to existing TMB branch locations.

This is the third agreement TSI and TMB have signed since 2007 which maintains TSI as the exclusive ATM deployers for TMB. At the completion of this latest deployment, TSI shall own and manage over 250 in-branch and near branch ATMs for this bank alone. All the ATMs will be bank branded.

Further, TSI is in advanced discussions with TMB for the outright purchase of 50 ATMs owned by the bank. Should TSI be successful it will own and manage 100% of the bank’s ATM network.

For further information please contact:

Gary Foster Managing Director

+61 8 65000 226

+61 417 170 240 gfoster@tsiplc.com

ABN 98 057 335 672 24 COLIN STREET, WEST PERTH, WA 6005 TEL: +61 8 6500 0226 FAX: +61 8 9226 2235

About TSI

Founded in 2005, TSI’s business is a rapidly growing bank ATM deployment and e-transaction financial services business based in India. Operational in India since 2006 the Company now has in excess of 500 ATMs fully operational and further contracts for another 200 ATMs to be installed.

The Company’s business model is to build recurring revenue through the deployment of ATMs on behalf of major banks in India. In addition TSI has contracts to service the financial payments sector through automation of bill payment processes, in a market that is migrating from paper based to electronic transactions.

TSI owns, manages and operates its financial hardware and systems, in return for a fee per transaction. This recurring revenue model assists TSI in producing a business model that is highly scalable.

TSI has agreements with a large number of national companies including major banks, utilities and corporates. It is these corporations (not consumers) who form TSI’s customer base, and from who TSI receives its revenues.

Supported by the strong infrastructure and business platform built over the last 5 years, and a leading market reputation the business is now scalable by the installation of new ATM’s and building on the recently introduced bill payments capability. Barriers to entry in the sector are high with regulatory and banking approvals required. TSI has successfully overcome those barriers, as reflected in its growth profile and the increasing demand for its ATM outsourced business.

ABN 98 057 335 672 24 COLIN STREET, WEST PERTH, WA 6005 TEL: +61 8 6500 0226 FAX: +61 8 9226 2235