LARK DISTILLING CO. LTD — Capital/Financing Update 2008

Jun 29, 2008

Montec International Limited ABN: 62 104 600 544

==> picture [210 x 58] intentionally omitted <==

Level 6, 55 York Street Sydney NSW 2000 Australia

montec@montec-international.com www.montec-international.com Telephone:+61 2 9299 0011 Facsimile:+61 2 9299 1499

ASX & MEDIA RELEASE

30 June 2008

The Manager Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

REVISIONS TO PUJI SUBSCRIPTION AGREEMENT WILL ALLOW FOR CONSIDERATION OF NEW INITIATIVES.

The Directors of Montec International Limited (ASX: MTI) advise that agreement has been reached with Puji Wealth Management (SH) Co., Limited (Puji) to alter the terms and timing of the previously announced private placement of ordinary shares, as approved by shareholders on 31[st] March 2008. Accordingly, the Subscription Agreement dated 5[th] February 2008 has been terminated by mutual agreement.

Directors now anticipate that the subscription by Puji will be undertaken in several tranches, commencing with an initial private placement of 3,500,000 fully paid ordinary shares to Puji at an issue price of AUD$0.03 per share, without attaching options. The timing and terms of further subscriptions to Puji will be subject to mutual agreement between MTI and Puji.

Directors are confident that agreement to this initial private placement signals Puji’s continuing commitment to building the strategic relationship and in assisting Montec’s growth initiatives in China, several of which are currently being pursued with Puji. The revision to the previously announced subscription agreement allows more flexibility to MTI in independently pursuing other strategic relationships currently being investigated with potential partners China.

Ends

Terry Cuthbertson Chairman Montec International Limited Tel: +61 2 9299 0011 Peter Herd Managing Director Montec International Limited Tel: +61 2 9299 0011

Investor Relations & Media Enquiries:

Rod North Bourse Communications Pty Ltd Tel: +61 3 9510 8309 Mob: +61 (0) 408 670 706

• page 2 -