FORESTA GROUP HOLDINGS LIMITED — Capital/Financing Update 2012

Feb 28, 2012

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Australian Securities Exchange Announcement

29 February 2012

Leaf Energy Entitlement Offer – Extension to Closing Date

On 3 February 2012 the Directors of Leaf Energy announced a 1 for 1 Entitlement Offer at an issue price of $0.05 per share which, if fully subscribed, would raise approximately $1.4 million. The issue is non-renounceable, is not underwritten and is not subject to a minimum amount being raised. Shareholders with a registered address in Australia or New Zealand on the record date (13 February 2012) are eligible to participate.

The Directors of Leaf Energy today announce an extension to the closing date for the Entitlement Offer from Friday 9 March 2012 to Friday 30 March 2012. The revised dates for the Entitlement Offer are set out below.[1]

Entitlement Offer closes (5.00 pm Perth time) – last date for lodgement	30 March 2012
of Entitlement and Acceptance Forms and payment of application
money in full
New Shares quoted on a deferred settlement basis	2 April 2012
Allotment of New Shares under the Entitlement Offer	11 April 2012
Normal trading of New Shares commences on ASX	12 April 2012

1 Leaf Energy reserves the right to vary the timetable without notice, including by extending or bringing forward the Closing Date.

About Leaf Energy (ASX:LER)

LER is an Australian technology company primarily focused on creating a leading bio-energy business emanating primarily from the production of biofuels and high value commercial proteins, and or, enzymes.

Contacts

Ken Richards (Managing Director & CEO) M: +61403 385 051

Dr Mel Bridges (Chairman) M: +61 413 051 600

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