PEAKO LIMITED — Capital/Financing Update 2013

Jan 30, 2013

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31 January 2013

ALBERS GROUP MAKES STRATEGIC INVESTMENT IN RAISAMA

• Albers Group to inject $3 million into Raisama to earn 34.8% interest via two-part placement

• Initial tranche of $1.14m through Raisama’s 25% existing placement capacity

• Second tranche of $1.86m subject to shareholder approval at a general meeting

• Funds will be used to progress the South Block A Project (Indonesia), Cadlao Redevelopment Project (Philippines) plus working capital for new ventures

• Investment signals commencement of Raisama’s rebuilding process

Transaction

Raisama (ASX:RAI) has entered into a binding agreement with the Albers group of companies ( Albers ) to place a total of 169 million ordinary shares to Albers resulting in a 34.8% stake in Raisama. This transaction will occur in two tranches per:

• Tranche 1: 76.2m shares placed at a price of $0.015 per share resulting in the raising $1.14m. This placement will occur immediately under Raisama’s discretionary placement capacity and result in Albers holding a 19.4% interest in Raisama

• Tranche 2: 92.8m shares placed at a price of $0.02 per share resulting in the raising of $1.86m. This placement will be subject to shareholder approval at a general meeting to be held following the preparation of the requisite independent expert’s report

Pursuant to the transaction and with immediate effect, Mr. Geoffrey Albers and Mr. Frank Jacobs will be appointed to Raisama’s board. Mr. Matthew Howison (Non-Executive Director) has agreed to step down in conjunction with the appointments, whilst Mr. David Berrie has agreed to resign as director upon completion of Tranche 2 of the placement.

Funds raised through this transaction will enable Raisama to continue its exploration program at its highly prospective South Block A project in Indonesia, whilst maintaining its interest in the Palawan Basin in the Philippines, and pursue new venture opportunities.

Albers Group

The Albers Group is headed up by Mr. Geoffrey Albers who has over 35 years’ experience in the upstream oil and gas sector having been involved in building numerous successful ASX listed companies such as Cue Energy, MEO Australia and Octanex NL.

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

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The Albers Group has a successful track record of adding shareholder value through their sector experience and extensive industry networks.

Mr. Frank Jacobs will join the Board of Directors as a non-executive director. Mr. Jacobs has over 30 years of experience as a Petroleum Engineer and has worked in Australia for such companies as Peko Oil, Cultus Petroleum, Cue Energy, Anzoil and Triangle Energy.

Raisama Managing Director, Jeff Steketee, said "The involvement of the Albers Group is a clear signal of the potential value of Raisama’s portfolio and an endorsement of the management team’s strategy to build an Asia-Pacific focused E&P company. Messrs. Albers and Jacobs have strong industry statures, networks and access to capital, all of which will help realize the building of Raisama into a significant energy company. We look forward to working with them to create shareholder value.”

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

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