FINDI LIMITED — Capital/Financing Update 2011

Mar 15, 2011

ASX RELEASE

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16 February 2011

HIGH DEMAND NECESSITATES INSTALLATION OF SECOND ATM IN SELECTED SITES

TSI Achieving Strong Revenue Growth on Installed ATM’s

The Directors of Transaction Solutions International Ltd (“TSI”) are pleased to announce that it has received a letter from Punjab National Bank, one of its existing major bank customers, requesting placement of a second ATM in numerous existing ATM sites due to large volumes.

The letter advises that the number of TSI ATMs transacting in excess of 12,000 transactions per month are increasing. The Bank’s letter states, “Managing and monitoring the ATMs in a professional manner has increased the uptime and availability of ATMs to customers.”

Managing Director, Mr. Gary Foster commented that, “we actually have ATMs performing well in excess of 15,000 transactions per month, so a single ATM in these high volume sites is just not enough to handle demand.

Due to our outstanding service levels and performance, the Bank sees true value in the relationship with our team, and as such we are in advanced discussions to continuing to align our Bank ATM network growth with the Banks requirement for growth.”

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 Automatic Teller Machine (ATM) deployment and e-transaction financial services business based in India. Operational in India since 2006 the company now has in excess of 350 ATMs fully operational and generating revenue. It has further contracts for another 150 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 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