MOAB MINERALS LIMITED — Capital/Financing Update 2012

Jan 3, 2012

DELECTA LIMITED

ACN 009 147 924

Level 1

170-180 Buckhurst Street South Melbourne Victoria 3205

Phone: 61 3 9695 5858 Fax: 61 3 9686 0644

4 January 2012

The Manager Australian Stock Exchange Level 4, 20 Bridge Street Sydney NSW 2000

Dear Sir

EXPIRY OF OPTIONS

Delecta Limited wishes to advise that the following options have expired unexercised:

Number of Listed Options	Exercise price	Expiry date
133,495,130	$0.008	31 December 2011
Number of Unlisted Employee Options	Exercise price	Expiry date
1,525,000	$0.047	3 January2012
1,525,000	$0.067	3 January2012
1,525,000	$0.087	3 January2012

Yours faithfully

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John Burness Company Secretary