FINDI LIMITED — Capital/Financing Update 2011

May 3, 2011

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TSI ACHIEVES ATM TARGET – TOP 20 INDIAN ATM OWNER

Highlights

• 500 ATM install target exceeded in March 2011

• TSI enters Top 20 in Bank ATM ownership incorporating all banks in India

• Deployment commenced for recently signed HDFC Bank ATM agreement

The Directors of Transaction Solutions International Ltd (“TSI”) are pleased to announce that TSI India continues to rapidly increase and expand its presence in India.

500 ATM install target successfully completed

In late 2010, TSI announced its intent to target an installation base of 500 ATMs by March 2011. This has been exceeded with 525 ATMs installed at March end 2011, being 5% above target. The process of doubling the size of the base to 1000 ATMs by calendar year end 2011 is currently on target.

TSI achieves Top 20 Bank ATM ownership status

With reference to the Indian Payment Card Industry Survey of 2010, TSI is placed within the Top 20 Indian ATM owners, which incorporates all banks in India. Managing Director Gary Foster advised that “ whilst top 20 status is a good milestone considering there are over 150 banks in India, TSI remains focused on ensuring strong growth goes hand-in-hand with strong profitable business.”

“I believe achieving a top 20 status positions TSI extremely well to take advantage of the enormity of the potential Indian market. It also reflects TSI’s successful delivery to date and its strong reputation in the marketplace and will encourage more banks to move to ATM outsourcing.”

ATM deployment commenced for HDFC Bank ATM agreement

TSI India reports the rollout program for a further 100 – 200 ATMs for HDFC is already underway. Gary Foster stated that “ HDFC has been very impressed with our swift action in beginning our operational rollout program since signing the agreement. We expect this to be a long and fruitful relationship, with much larger opportunities being availed to us. ”

Transaction Solutions International Limited ABN 98 057 335 672 24 Colin Street, West Perth, WA 6005 Tel: +61 8 6500 0226 Fax: +61 8 9226 2235

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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 generating revenue. It has further contracts for up to another 200 ATMs to be installed.

The Company’s business model is to build recurring revenue through the deployment of ATMs as well as 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.

Transaction Solutions International Limited ABN 98 057 335 672 24 Colin Street, West Perth, WA 6005 Tel: +61 8 6500 0226 Fax: +61 8 9226 2235