MOAB MINERALS LIMITED — M&A Activity 2009

Dec 3, 2009

4 December 2009

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Sexyland’s unsolicited offer for AdultShop – TAKE NO ACTION

Sexyland (Australia) Pty Ltd ( Sexyland ) has today lodged replacement bidder’s statements with ASX and ASIC in relation to its unsolicited offer to acquire all the shares and options in AdultShop.com Limited ( AdultShop ).

Your Directors are reviewing Sexyland’s replacement bidder’s statements and recommend that Shareholders and Optionholders TAKE NO ACTION in respect of Sexyland’s unsolicited offer until you receive AdultShop’s Target Statement.

AdultShop’s Target’s Statement will contain your Directors’ recommendation in respect of Sexyland’s unsolicited offer and the reasons for that recommendation.

You will receive AdultShop’s Target’s Statement in approximately 1 week.

For further details, please don’t hesitate to call AdultShop on (08) 9227 6777. All company announcements are available on the ASX website – www.asx.com.au.

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Malcolm Day Managing Director AdultShop.com Limited

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