ORCODA LIMITED — Capital/Financing Update 2012

Feb 8, 2012

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9[th] February 2012

ASX ANNOUNCEMENT

Placement to fund marketing and promotion of mobile telephone lottery and software applications in China

SmartTrans is making a placement of 44,176,471 shares at 1.7c each to sophisticated and exempt investors to raise $751,000. The funds will be applied to marketing and promoting SmartTrans’ MyLife suite of mobile telephone software applications and mobile lottery services in China.

SmartTrans understands that it has now received all approvals necessary to launch its www.MyLifeOnline.cn website and mobile telephone software portal. The company has completed trials of its billing application and has successfully processed mobile telephone payments during these trials.

SmartTrans has also put in place a detailed and sophisticated internet marketing strategy designed to maximise take up by mobile telephone and Internet users in China of the MyLife suite of software and content and the V1 mobile telephone lottery application.

SmartTrans intends to launch, market and promote the V1 mobile lottery application to all mobile telephone users in China and to capitalise on its billing arrangements with China Mobile’s CMPay and China UnionPay.

SmartTrans is entitled to receive a percentage of all amounts wagered by its customers via mobile phone or internet on the V1 lottery application.

For further information contact:

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

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) 8573 1101 Ph: (03) 9866 7333 Ph: (02) 9660 4564 Ph: (08) 9228 1199