PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2012

Jun 20, 2012

==> picture [595 x 93] intentionally omitted <==

ABN 11 127 171 877 Level 2, 9 Colin Street WEST PERTH WA 6005 PO Box 1710 West Perth WA 6872 p (08) 9216 1000 f (08) 9481 7939 w www.predictivediscovery.com

21 June 2012

Despatch of Prospectus and Entitlement and Acceptance Forms

The pro rata non-renounceable entitlements issue ( Entitlement Offer ), announced by Predictive Discovery Limited ( Company ) on 28 May 2012 is now open, and the Prospectus and Entitlement and Acceptance Forms have been dispatched to eligible shareholders.

The Entitlement Offer is scheduled to close at 5.00pm (AEST) on 13 July 2012.

For further information on the Entitlement Offer:

• visit the Company’s website at www.predictivediscovery.com;

• see the Company’s ASX announcements, available at www.asx.com.au; or

• contact the Company on (08) 9216 1000 between 8.30am and 5.00pm (AWST) Monday to Friday.

Yours faithfully

==> picture [99 x 36] intentionally omitted <==

Phillip Harman Chairman

6858112/1