FINDI LIMITED — Capital/Financing Update 2013

Apr 14, 2013

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Transaction Solutions International

Limited

TRANSACTION SOLUTIONS INTERNATIONAL FINALISES $22 MILLION CAPITAL INVESTMENT IN TSI INDIA

Highlights

 CX Partners and TSI confirm $22 million transaction subject to shareholder approval

The Directors of Transaction Solutions International Ltd (“TSI”) are pleased to announce that the TSI Group has finalised the Definitive Agreements for the investment of a total of 1,217 million rupees ($22.13 million based on $1: 55 INR) by CX Partners to obtain a 75% interest in TSI India. The Board of TSI has agreed to the final Definitive Agreements which are now only subject to approval by TSI shareholders. Meeting documentation will be sent to shareholders shortly with a meeting to be held in mid-May 2013.

Managing Director Mr Gary Foster advised that “this is a very exciting time for TSN. Whilst our existing management team remains focussed on the business, we have added the strategic firepower of an influential Indian based fund whom have committed over $22 million of cash to ensure rapid and significant growth to TSI. The interaction between the companies has been highly productive and we are enthusiastic about the opportunities in India as a combined team.”

For further enquiries please contact:

Gary Foster Managing Director gfoster@tsiplc.com 0417170240

ABN 98 057 335 672 41-47 Colin Street, West Perth, WA 6005 TEL: (08) 6500 0226, FAX: (08) 9226 2237

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 1000 ATMs fully operational and generating revenue. It has further contracts to allow deployment for up to a further 400 ATMs.

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 6 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 41-47 Colin Street, West Perth, WA 6005 TEL: (08) 6500 0226, FAX: (08) 9226 2237