ORCODA LIMITED — Capital/Financing Update 2012

Jun 21, 2012

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SmartTrans

H O L D I N G S L I M I T E D

ACN 009 065 650

Level 1, 614 Newcastle Street LEEDERVILLE WA 6007 Telephone: (08) 9228 1199 email:smarttrans@smarttrans.com.au

PO Box 334 LEEDERVILLE WA 6903 Facsimile: (08) 9228 2299

22 June 2012

ASX ANNOUNCEMENT

Extension of Closing Date for the Share Purchase Plan

On 31 May 2012, SmartTrans Holdings Ltd (SmartTrans) announced that it had dispatched the Share Purchase Plan ( SPP ), together with a personalised Acceptance Form, to eligible shareholders holding shares in the Company as at the record date.

The SPP provides eligible shareholders with the opportunity to invest $15,000 to purchase shares in the Company at an issue price of $0.011 per share.

SmartTrans wishes to advise shareholders that it has decided to extend the Closing Date of the SPP from 22 June 2012 to 5.00pm (Sydney Time) on 18 July 2012. The extension will provide additional time for eligible shareholders to take advantage of the SPP offer.

As a result of the extension of the Closing Date, the SPP indicative timetable has been revised as follows:

Record Date (5.00pm Sydney Time)	25 May 2012
Announcement Date of SPP	28 May 2012
Opening Date of SPP Offer	31 May 2012
Closing Date of SPP Offer (5.00pm Sydney Time)	18 July 2012
Issue and Allot Shares under Offer	24 July 2012
Despatch Date for Holding Statements under SPP	25 July 2012

The above dates are indicative only and SmartTrans may vary the dates and times without notice.

Should you have questions about the SPP, the SPP Terms and Conditions or how to make an application, please contact the Company's share registry Computershare Investor Services on 1300 850 505 (within Australia) or SmartTrans' Company Secretary Mr James Laurie on (08) 9228 1199.

James Laurie Company Secretary