NEXTED GROUP LIMITED — Capital/Financing Update 2010

Jan 28, 2010

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ASX/Media Announcement (ASX: DGI)

29 January 2009

Reconciliation for use of funds

Digislide Holdings Limited is pleased to report on actual use of funds as against the intended use of funds noted in its prospectus dated 11 December 2008 (and subsequent supplementary prospectuses).

Details are as set out in the attached Annexure A.

About Digislide

Digislide is an Australian based company that has developed, and continues to develop globally relevant innovative miniaturised projection technologies with broad applications.

The tactical focus is on targeting products/applications that can be embedded into a range of mobile and/or hand held communication devices, such as mobile phones, PDA’s and notebook computers. The technologies have wide patent protection and have already received international acclaim; winning several awards in important international technology arenas.

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Further information contact:

Hean Siew

Company Secretary

m: 0432 654 331

100-102 Cavan Road Dry Creek SA 5094 AUSTRALIA

PO Box 20 North Adelaide SA 5006 AUSTRALIA

Digislide Holdings Limited ABN 75 105 012 066

Phone 61 8 8262 3115 Fax 61 8 8262 8490 www.digislide.com.au

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ANNEXURE A

	Applied at Listing	Applied to**December 2009 **	Now Applied	To be Applied fromProfits and/or $2.4MConverting Note
Actual Funds RaisedCash Funds in hand prior to issue of prospectusTotal Funds Available at ListingApplication of FundsCommercialisation of Digivision™ (now DigiPRO SVGA Projector)Commercialisation of StingRay™StingRay Audio Docking StationCommercialisation of Digishow™Finalise R&D for embedded Digismart Miniature ProjectionTechnologies™ Digislide Inside®Commercialisation of XRay™Xray Audio Docking StationCommercialisation of WeSii™Commercialisation of WeSii™ Audio Docking StationCommercialisation of DigiPRO™ (now called Digivision, made forapple iPOD)Contribution towards personnelPayment of Payroll Deductions and Trust MoniesExpansion of Digislide Americas, Lted OfficerEstablish European OfficeMaintenance of Singaporean OfficeCosts of the OfferCorporate, Travel, Legal and Professional ServicesTotal Proposed ExpenditureminiPRO™	$ 3,014,000.0047,366.00$ 3,061,366.00$ 195,000.00$ 30,000.00$ 65,000.00$ 293,000.00$ 65,000.00$ 57,000.00$ 25,000.00$ 75,000.00$ 230,000.00$ 75,000.00$ -$ 103,000.00$ 539,479.00$ 299,000.00$ 2,051,479.00$	180,000.00$ -$ -$ 45,000.00$ 235,000.00$ 220,000.00$ 5,000.00$ 117,000.00$ -$ 50,000.00$ 73,000.00$ 25,000.00$ 950,000.00$	R&D project completed - tooling andproduction run only requiredon holdon holdcompletedpartially completedproject almost finalisedR&D project completed (tooling andpreproduction run)partially completed	170,000.00$ 190,000.00$ 105,000.00$ 80,000.00$ 80,000.00$ 55,000.00$ 35,000.00$ 87,000.00$ 802,000.00$