FSA GROUP LIMITED — Capital/Financing Update 2009

Oct 26, 2009

FSA GROUP LIMITED

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27 October 2009

Share Purchase Plan – Update

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 of 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 are to be received on a “first come, first served basis”.

The Company advises that as at close of business 26 October 2009, Applications have been received for 2,208,108 new shares ($817,000).

If Applications for more than $1.0 million of new shares are received prior to the Closing Date, and subject to applicable ASX Listing Rules, the Board advises that it intends to accept all valid Applications received up to, and including, the day that the $1.0 million Plan maximum is achieved (Maximum Subscription Date). No further Applications will be accepted after that day.

In the event that the Company receives valid Applications for more than $1.0 million under the Plan by the Maximum Subscription Date, the terms of the Plan will be varied such that the maximum number of shares to be issued under the Plan will be increased to that number of shares for which valid Applications have been received on or before the Maximum Subscription Date.

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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