NEURIZER LTD — Capital/Financing Update 2008

Nov 17, 2008

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18 November 2008

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 3 November 2008 in relation to a two (2) for five (5) non-renounceable pro-rata rights issue priced at $0.32 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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Sam Appleyard Company Secretary