NEURIZER LTD — Capital/Financing Update 2007

Oct 11, 2007

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12 October 2007

By E-mail: ASX On-line

Manager Companies Company Announcements Office ASX Limited

Dear Sir/Madam

ASX Code: MTN

Notice of dispatch of Rights Issue Offer Memorandum

Marathon Resources Limited refers to its Offer Memorandum and Appendix 3B lodged with ASX on 28 September in relation to a one (1) for five (5) non-renounceable rights issue priced at $2.50 per new Marathon share ( Rights Issue ).

The Offer Memorandum in relation to the Rights Issue was dispatched to shareholders today.

Yours faithfully

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Stuart Hall Chief Executive Officer