LARK DISTILLING CO. LTD — Share Issue/Capital Change 2007

Apr 30, 2007

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002.

Name of entity

MONTEC INTERNATIONAL LIMITED

${\bf ABN}$

62 104 600 544

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+ Class of + securities issued or to be issued	A) FULLY PAID ORDINARY SHARES. B) FULLY PAID ORDINARY SHARES.
		C) OPTIONS.
$\mathfrak{D}$	Number of + securities issued or to be issued (if known) or maximum	A) 11,500,000
	number which may be issued	B) 59,762,362
		C) 71,262,362
3	(eg, if options, exercise price and expiry date; if partly paid	Principal terms of the *securities A) PARI PASSU TO EXISTING FPO SHARES.
	securities, the amount outstanding and due dates for payment; if convertible securities, the	B) PARI PASSU TO EXISTING FPO SHARES.
	conversion price and dates for conversion)	C) LISTED OPTIONS WITH AN EXERCISE PRICE OF \$0.10 AND EXPIRY DATE OF 30 JUNE 2008.

⁺ See chapter 19 for defined terms.

*securities? If the additional securities do not rank equally, please state: the date from which they do ۰ which extent to the. they participate for the next dividend, (n) case of a the trust. distribution) or interest payment • the extent to which they do not rank equally, other than in
relation to the next dividend, distribution or interest payment	C) OPTIONS DO NOT RANK EQUALLY WITH ANY EXISTING CLASS OF QUOTED SECURITIES.
Issue price or consideration	A) \$0.05
	B) \$0.05
	C) NIL
(If issued as consideration for the acquisition of assets, clearly identify those assets)	A) WORKING CAPITAL (PLACEMENT) B) WORKING CAPITAL (RIGHTS ISSUE)
Dates of entering "securities into	A) 26 APRIL 2007
of certificates	B) 27 APRIL 2007
	Number	+ Class
*securities quoted ASX $_{\odot}$ on		ORDINARY SHARES
	Purpose of the issue uncertificated holdings or despatch Number + class and $of$ all (including the securities in clause 2 if applicable)	145,578,364

⁺ See chapter 19 for defined terms.

	Number	+ Class
Number and + class of all *securities not quoted on ASX (including the securities in clause 2 if applicable)	4,592,500	OPTION BALANCE BROUGHT FORWARD
		MOVEMENTS IN OPTIONS SINCE LAST 3B (16/03/07):
	20,800,000	GRANTED
	NIL	LAPSED & FORFEITED
	NIL	EXERCISED
	25,392,500	BALANCE OF OPTIONS (UNLISTED) OVER UNISSUED ORDINARY SHARES

Dividend policy (in the case of a $\left[\text{trust, distribution policy}\right)$ on the increased capital (interests) $10^°$

$\overline{9}$

$N/A$

Part 2 - Bonus issue or pro rata issue

11	holder approval security Ιs required?	N/A
12	Is the issue renounceable or non- renounceable?	I N/A
13	Ratio in which the "securities will be offered	N/A
14	+ Class of + securities to which the offer relates	N/A
15	determine + Record date $\bullet$ to entitlements	N/A
16	Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?	N/A

$\div$ See chapter 19 for defined terms.

Appendix 3B New issue announcement

17	Policy for deciding entitlements in relation to fractions	N/A
18	Names of countries in which the entity has *security holders who will not be. sent issue new documents Note: Security holders must be told how their	N/A
	entitlements are to be dealt with. Cross reference: rule 7.7.
19	οf Closing date for receipt acceptances or renunciations	N/A
20	Names of any underwriters	N/A
21	Amount of any underwriting fee or commission	N/A
22	Names of any brokers to the issue	N/A
23.	Fee or commission payable to the broker to the issue	N/A
24	of any handling fee Amount payable to brokers who lodge acceptances or renunciations on behalf of *security holders	N/A
25.	If the issue is contingent on *security holders' approval, the date of the meeting	N/A
26	Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	N/A
27	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	N/A
28	Date rights trading will begin (if applicable)	N/A
29	Date rights trading will end (if N/A applicable)

⁺ See chapter 19 for defined terms.

• 30 How do $*$ security holders sell their $\blacksquare$ $N/A$ entitlements in full through a broker?
• 31 How do *security holders sell part of their entitlements through a broker and accept for the balance?

$\sqrt{N/A}$

32 How do *security holders dispose N/A of their entitlements (except by sale through a broker)?

.

33 ⁺Despatch date

N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities (tick one)
• $(a)$ Securities described in Part 1
• $(b)$

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

(If the additional securities do not form a new class, go to $43$ )

Tick to indicate you are providing the information or documents

• If the *securities are *equity securities, the names of the 20 largest holders of the IX. additional *securities, and the number and percentage of additional *securities held by those holders
• 36

35

If the "securities are "equity securities, a distribution schedule of the additional IX. *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ $10,001 - 100,000$ 100,001 and over

⁺ See chapter 19 for defined terms.

37

A copy of any trust deed for the additional *securities

(now go to $43$ )

Entities that have ticked box 34(b)

• 38 Number of securities for which ⁺quotation is sought
• 39 Class of *securities for which quotation is sought
• 40 Do the ⁺securities rank equally in all respects from the date of allotment with an existing *class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
• 41 Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

42 Number and ⁺class of all ⁺securities quoted on ASX (including the securities in clause 38)

Number	* Class

(now go to $43$ )

⁺ See chapter 19 for defined terms.

All entities

Fees

43	Payment method (tick one)
	Tax invoice requested
	Electronic payment made Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at the same time.
	Periodic payment as agreed with the home branch has been arranged Note: Arrangements can be made for employee incentive schemes that involve frequent issues of securities.

Quotation agreement

• $\mathbf{I}$ *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the *securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the *securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those "securities should not be granted "quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the "securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the *securities to be quoted, it has been provided at the time that we request that the *securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the *securities be quoted.

⁺ See chapter 19 for defined terms.

• $\overline{3}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before *quotation of the 'securities begins. We acknowledge that $\overrightarrow{ASX}$ is relying on the information and documents. We warrant that they are (will be) true and complete.

	[original signed]
Sign here:	********	Date: 01/05/07
	Company Secretary

Print name: N J V Geddes

$\begin{tabular}{ll} \hline \quad \quad & \quad \quad \ \hline \quad \quad & \quad \quad \ \hline \quad \quad & \quad \quad \ \hline \quad \quad & \quad \quad \ \hline \end{tabular} \begin{tabular}{ll} \hline \quad \quad \ \quad \quad \ \quad \quad \ \quad \quad \ \quad \quad \ \quad \quad \ \quad \quad \ \quad$

⁺ See chapter 19 for defined terms.

Montec International Limited ABN: 62 104 600 544

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

1 May 2007

ASX RELEASE

Relief Under Section 708A(5)(e) of the Corporations Act 2001

Montec International Limited (Company) issued 11,500,000 fully paid ordinary shares in the Company and 11,500,000 options with an exercise price of \$0.10 and an expiry date of 30 June 2008 (Securities) to sophisticated investors on 26 April 2007.

The Company relies on case 1 in Section 708A(5) of the Corporations Act 2001 (Cth) (Corporations Act) in respect of the issue of the Securities and gives notice under paragraph 708A(5)(e) of the Corporations Act of the following details:

• the Company issued the Securities without disclosure to investors under Part 6D.2 of the Corporations Act;
• as at the date of this notice, the Company has complied with:
• o the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
• o Section 674 of the Corporations Act; and
• " at the date of this notice, there is no information to be disclosed which is "excluded information" (as defined in Paragraphs 708A(7) and (8) of the Corporations Act) which would be reasonable for investors and their professional advisers to expect to find in a disclosure document.

Ends

For further enquiries: NJV Geddes Company Secretary 02 9252 1933

Montec International Limited Analysis of Holdings as at 30-04-2007

Security Classes	Holdings Ranges	Holders	Total Units	₩
Options \$0.10 Exp. 30/06/2008	1-1.000	5	3.068	0.004
	1,001-5.000	41	153.319	0.215
	5.001-10.000	53	470,857	0.661
	10.001-100.000	216	9.667.349	13.566
	100.001-99.999.999.999	139	60,967,769	85.554
	Totals	454	71.262.362	100.000

Montec International Limited Options \$0.10 Exp. 30/06/2008 Top 20 Holdings as at 30-04-2007

Holder Name	Balance at 30-04-2007	%
MR HENRY HERRON	2,265,700	3.179
RBC DEXIA INVESTOR SERVICES AUSTRALIA NOMINEES PTY LIMITED.	2.236.927	3.139
INVIA CUSTODIAN PTY LIMITED	2,200,000	3.087
MR CHRISTOPHER BRYCKI	1,600,000	2.245
WHOROULY PTY LTD < CARISIMA FAMILY A/C>	1,507,919	2.116
MR SIMON ROBERT EVANS	1,420,380	1.993
MRS KERRI ANN HENDRY	1.295.000	1.817
PE KINVESTMENTS PTY LTD	1.250.000	1.754
MRS JANICE MARGARET HOCKING	1,204,157	1.690
DR GREGORY JOHN SLATER	1.200.000	1.684
JOJO ENTERPRISES PTY LTD	1,200,000	1.684
MR BOYD THOMAS WINTON	1,089,880	1.529
MR BOYD THOMAS WINTON & MRS CASSANDRA JANE WINTON	1,050,000	1.473
DROGA CAPITAL PTY LTD	1.000.000	1.403
MR GARY DAVID MARES	1,000,000	1.403
MR GARY DAVID MARES & MRS SUE MAREE MARES	1,000,000	1.403
MR CHRISTOPHER LINDSAY BOLLAM	953,562	1.338
MR LIN HU < GHONDA SUPER FUND A/C>	904.000	1.269
DALBOW SUPERANNUATION PTY LIMITED	900.000	1.263
HARDMAIL PTY LTD	900,000	1.263

26,177,525 36.734 71,262,362

Montec International Limited Analysis of Holdings as at 30-04-2007

Security Classes	Holdings Ranges	Holders	Total Units	₩
Fully Paid Ordinary Shares	$1 - 1,000$	16	13.008	0.009
	1,001-5,000	157	566.083	0.389
	5.001-10.000	179	1,486,818	1.021
	10.001-100.000	451	18.383.520	12.628
	100.001-99.999.999.999	223	125,128,935	85.953
	Totals	1.026	145.578.364	100.000

Montec International Limited Fully Paid Ordinary Shares Top 20 Holdings as at 27-04-2007

Holder Name	Balance at 27-04-2007	%
MR MALCOLM CAMPBELL	7.000.000	4.808
RBC DEXIA INVESTOR SERVICES AUSTRALIA NOMINEES PTY LIMITED	4,737,719	3.254
INVIA CUSTODIAN PTY LIMITED	4.400.000	3.022
BAIC AUSTRALIA PTY LIMITED	3.846.154	2.642
WHOROULY PTY LTD < CARISIMA FAMILY A/C>	3,015,838	2.072
MRS KERRI ANN HENDRY	2.590.000	1.779
NATIONAL NOMINEES LIMITED	2.531.750	1.739
MR HENRY HERRON	2.531.400	1.739
MRS JANICE MARGARET HOCKING	2.468.314	1.696
DR GREGORY JOHN SLATER	2,400,000	1.649
GE COMMERCIAL CORPORATION (AUSTRALIA) PTY LIMITED	1.897.437	1.303
UBS WEALTH MANAGEMENT AUSTRALIA NOMINEES PTY LTD	1,744,460	1.198
MRS PRUDENCE ANN LOWTHER	1,600,000	1.099
MR CHRISTOPHER BRYCKI	1.600.000	1.099
MR BORIS JANSEN	1,482,800	1.019
AWESOME NOMINEES PTY LIMITED	1,460,000	1.003
MR SIMON ROBERT EVANS	1,423,880	0.978
KEFFORD HOLDINGS PTY LTD	1,400,000	0.962
PEK INVESTMENTS PTY LTD	1.250.000	0.859
PE KINVESTMENTS PTY LTD	1,250,000	0.859
	50.629.752	34.778
	145.578.364