PEAKO LIMITED — Capital/Financing Update 2012

Mar 6, 2012

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7 March 2012

$5.5 MILLION CAPITAL RAISING

• Two tranche placement to raise $4.5 million at $0.09 per share

• Share Purchase Plan of $1.0 million to be offered to shareholders at $0.09 per share (underwritten to $0.8m)

Raisama Energy Limited (“Raisama” or “the Company”) is pleased to announce an agreement to raise A$4.5 million via a two tranche placement (“Placement”) of approximately 50 million fully paid ordinary shares to institutional and sophisticated investors.

The Placement is priced at $0.09 per share which represents an 18.2% discount to Raisama’s last closing price on ASX and a 20.4% discount to Raisama’s 10 day volume weighted average price on ASX. In addition to the Placement, Raisama will also be making an offer to existing shareholders to participate in a share purchase plan (“SPP”) which will also be priced at $0.09 per share, to raise up to A$1.0 million. The SPP will be underwritten to $0.8m.

The SPP offer is open to all holders of fully paid ordinary shares registered on the Company’s share register at the record date of 5 March 2012 and with a registered address in Australia and New Zealand. The Board has taken this step to provide an opportunity for shareholders to increase their participation in the future growth of the Company on similar terms to those of the Placement. Further details of the SPP will be sent to shareholders later this week.

Raisama’s Managing Director, Jeff Steketee said: “We are extremely pleased to the response to the Company’s Placement which will facilitate the upcoming exploration program planned in Indonesia and New Zealand.”

“Along with the planned exploration program, we have a very busy quarter ahead of us which should allow us to progress our Cadlao oil project to FID.”

The Placement and the SPP will provide funding for Raisama’s exploration program planned for Indonesia and New Zealand and for general working capital. Patersons Securities Limited acted as Lead Manager to the placement and DJ Carmichael Co-Manager.

For further information please contact: www.raisama.com.au info@raisama.com.au Jeff Steketee, Managing Director +61 8 6143 1800 Ian Howarth, Investor Relations +61 407 822 319

Raisama Energy Limited ABN 79 131 843 868 Suite 1, 16 Ord Street, West Perth WA 6005 PO Box 1255 West Perth WA 6872 t +61 8 6143 1800 f +61 8 6143 1818 e info@raisama.com.au w www.raisama.com.au