ORCODA LIMITED — Board/Management Information 2011

Jun 30, 2011

==> picture [273 x 44] intentionally omitted <==

01 July 2011

ASX ANNOUNCEMENT

Australia's Ambassador to China to join SmartTrans

His Excellency Dr Geoff Raby will join the SmartTrans board on his retirement as Australia's Ambassador to China.

Chairman John Forsyth AM today announced the appointment of Dr Raby as a non-executive Director of SmartTrans Holdings Limited (ASX:SMA) and its subsidiary SmartTrans Limited.

Dr Raby has served as Australia's Ambassador to China since February 2007 and completes his tenure in August. Previously Dr Raby twice served as head of the Embassy's Economic Section in Beijing.

Mr Forsyth said Dr Raby’s appointment would bring high level expertise to the company given his experience internationally and his understanding of China.

Dr Raby is expected to play a key role in SmartTrans’ business relationships with important Chinese organisations, in particular China Mobile Group Shanxi, China Minmetals Group, China National Heavy Machinery Corporation (CHMC) and Yamei. “I see great opportunities for SmartTrans and its technology in China. I’m excited by the prospect of adding to its existing relationships and developing new opportunities for SmartTrans in China", Dr Raby said.

Before his appointment as Australia’s Ambassador to China, Dr Raby held a number of senior positions in the Department of Foreign Affairs and Trade (DFAT) including Deputy Secretary, First Assistant Secretary, Ambassador and Permanent Representative to the World Trade Organisation, Geneva. He was Australia's APEC Ambassador from November 2002 to December 2004 and between 1993 and 1995, Dr Raby was head of the Trade Policy Issues Division of the OECD, Paris.

“With Dr Raby’s credentials, his understanding of Chinese government and business processes and his passion for projects, I could not think of a better appointment for SmartTrans”, said Mr Forsyth.

Ends

Beijing Melbourne Sydney P erth 6th Floor, West Tower, Level 7 G.05 Suite 3, Level 1 Prosper Center 11 Queens Road 55 Miller St 614 Newcastle Street 5 Guanghua Road MELBOURNE PYRMONT LEEDERVILLE BEIJING CBD, 100022 VIC 3004 NSW 2009 WA 6007 Ph: +86 (010) 6562 5435 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199