FSA GROUP LIMITED — Capital/Financing Update 2009

Oct 29, 2009

FSA GROUP LIMITED

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30 October 2009

Share Purchase Plan – Closing early after maximum $1.0m reached

On 30 September 2009, the Directors of FSA Group Ltd ( Company ) announced that the Company was planning to undertake a Share Purchase Plan ( Plan ).

The Plan offered a maximum of 2,702,703 new shares at an issue price of $0.37 to raise a maximum of $1,000,000 with an Opening Date of 9 October 2009 and a Closing Date of 6 November 2009. Pursuant to the terms of the Plan, Applications were to be received on a “first come, first served basis”.

As announced on 27 October 2009, the Company will accept all valid Applications received up to, and including, the day that the $1.0 million Plan maximum is achieved. This was achieved on 30 October 2009 ( Maximum Subscription Date ).

The Board advises that Applications have been received totalling $1,097,000 on or before the Maximum Subscription Date. Subject to these funds clearing, the Board will accept all of these valid Applications and the Plan will close.

No further Applications will be accepted.

The Board would like to thank shareholders for their strong support of the Share Purchase Plan.

On behalf of the Board D P Cornish Joint Company Secretary

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