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First Graphene Ltd. Capital/Financing Update 2011

Jul 14, 2011

35640_rns_2011-07-14_4659ace2-70a0-43e9-bf22-9502b4fa1292.pdf

Capital/Financing Update

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14 July 2011

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

ROBE ANNOUNCES ALLOTTMENT OF OPTIONS - PLACEMENT

Robe Australia Limited today announces that, further to its announcement of 6 July 2011 and in accordance with the recent placement of 100 million shares at $0.005 per share, it has now allotted 100 million free options at an exercise price of one cent per share with an expiry date of 5.00 pm (Melbourne time) on 31[st] December 2014.

Yours faithfully

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Peter Bolitho Company Secretary