ORCODA LIMITED — Capital/Financing Update 2012

Nov 7, 2012

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8 November 2012

China Revenue Update - October

Further to the Quarterly Report released on 31 October 2012 and having laid the foundations for its operations in China, SmartTrans is happy to announce further growth in revenue in China.

Whilst in the early stage of generating revenue from the provision of its online and mobile payment projects, SmartTrans is pleased to report billings in October of approximately CNY457,000 (AUD70,300) from its activities in China.

SmartTrans continues to expand its range of products and services delivering internet and mobile payment services, lottery and sports wagering and mobile applications in the PRC.

For further information contact:

Bryan Carr Director SmartTrans Australia 0412 111 968 China +86 138 1188 8401

Beijing 6th Floor, West Tower, Prosper Center 5 Guanghua Road BEIJING CBD, 100022 Ph: +86 (010) 8573 1101

Melbourne Sydney P erth Level 7 G.05 Suite 3, Level 1 11 Queens Road 55 Miller St 614 Newcastle Street MELBOURNE PYRMONT LEEDERVILLE VIC 3004 NSW 2009 WA 6007 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199