FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Regulatory Filings 2011

May 5, 2011

5 May 2011

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ESCROW SCHEDULE

The Company confirms that following the admission to trading of the shares of Tellus Resources Limited on the Australian Securities Exchange, the following securities will be subject to escrow for the period outlined below.

Security	No. escrowed	Period of escrow
Fully paid ordinary shares	4,142,000	24 months from the date of official
		quotation
Fully paid ordinary shares	1,920,000	12 months from the date of issue,
		being 24 August 2010
Fully paid ordinary shares	1,250,000	12 months from the date of issue,
		being 2 December 2010
Options exercisable at $0.30	4,800,000	24 months from the date of official
expiring on or before 31 March		quotation
2014
Options exercisable at $0.30	1,200,000	24 months from the date of official
expiring on or before 30 April 2014		quotation

Yours Sincerely

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Anne Adaley Company Secretary