FINDI LIMITED — Capital/Financing Update 2015

Dec 1, 2015

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Transaction Solutions International

Limited

ASX Release

2[nd] December 2015

Capital Raising and Operations Update

Transaction Solutions International Limited (TSN) is pleased to announce it has received commitments for a capital raising of $500,000 by the issue of 58,823,529 fully paid ordinary shares at 0.85 cents per share, which raising is currently being completed.

Red Leaf Securities Pty Ltd is managing the capital raising that will be taken up by sophisticated, professional and other investors who are exempt from the disclosure requirements under Chapter 6D of the Corporations Act which investors included the Copulos Group. None of the subscribers will be a related party of TSN.

The funds will be used to continue to assess strategic investments that have the potential to add significant value to shareholders.

TSN and its subsidiaries hold a 24.89% equity interest in TSI India whose business model is based on the provision and management of automated teller machines (ATMs) and bill payment solutions to major Indian banks and utility companies in exchange for a fee per transaction, paid directly by the banks and utility companies.

TSN has previously advised in announcements of 23 October 2015 and 25 November 2015 that each of TSN and TSI India are looking at new opportunities to expand current businesses with TSI India being well advanced in negotiations to expand its ATM network business in the e-transaction sector so as to seek to secure substantial growth.

By way of update, TSN advises that confidential discussions upon expansion opportunities for TSI India have progressed and are continuing with selected groups in the hope it can conclude such business expansion opportunities.

Any possible TSI India expansion of business opportunity remains an incomplete proposal or negotiation at this stage and no conclusions can be drawn from discussions at this time. TSN will keep the market informed in the event of a material development from ongoing discussions.

Contact : Managing Director - Mr. Gary Foster

gfoster@tsiplc.com

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ABN 98 057 335 672

41-47 COLIN STREET, WEST PERTH, WA 6006 TEL: (08) 6500 0026, FAX: (08) 9226 2237