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First Graphene Ltd. Capital/Financing Update 2011

Jul 28, 2011

35640_rns_2011-07-28_ca0ab5e9-03d1-43f5-ba44-f496917ffab5.pdf

Capital/Financing Update

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29 July 2011

The Manager Company Announcements Office ASX Limited Level 45, South Tower, Rialto 525 Collins Street MELBOURNE VIC 3000

RIGHTS ISSUE OVER-SUBSCRIBED

The Board of Robe Australia Limited ( Robe ) has received applications for Entitlements of approximately 55% of the rights issue.

The applications for additional shares exceed the number of available shortfall shares.

The Directors will allocate the shortfall to those shareholders who have made applications for additional shares under the terms of the issue.

Yours sincerely,

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Peter Bolitho Company Secretary Robe Australia Limited

Level 2, 409 St Kilda Rd, Melbourne Vic 3004. ABN 50 007 870 760. Telephone: (03) 9820 2322. Fax: (03) 9820 2158