LYCOPODIUM LIMITED — Capital/Financing Update 2012

May 14, 2012

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Lycopodium Limited

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ABN 83 098 556 159

Level 5, 1 Adelaide Terrace East Perth, Western Australia 6004 Australia

PO Box 6832 East Perth, Western Australia 6892 Australia T: +61 (0) 8 6210 5222 www.lycopodium.com.au

ASX RELEASE

15 May 2012

LYCOPODIUM UPDATES CURRENT YEAR FORECAST

The Directors of Lycopodium are pleased to advise that we have upgraded our 2011/12 financial year forecast for both revenue and after tax profit.

Forecast revenue has been increased to $236 million and after tax profit to $22 million for the financial year.

This represents an increase of 7.3% in revenue and 7.3% in after tax profit over the half year forecast.

For further information:

Rod Leonard Managing Director Lycopodium Limited

T: +61 8 6210 5222

• F: +61 8 6210 5201 E: limited@lycopodium.com.au