RENT.COM.AU LIMITED — Capital/Financing Update 2012

Oct 30, 2012

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ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 31 OCTOBER 2012

CAPITAL RAISING CLOSED OVER-SUBSCRIBED

The Directors of Select Exploration Limited (“Select” or “Company”) are pleased to announce that the Company received strong support from investors during the capital raising process to complete the acquisition and enable re-compliance with ASX requirements following a change in activities.

The Company accepted over-subscriptions of $500,000 in accordance with the Prospectus to raise a total of $4 million with the offer closed over-subscribed. Shares and unlisted attaching options have now been allotted to investors.

Select has now completed the acquisition of the exploration tenements covering four prospective and potentially large scale coal and uranium projects in Tanzania. The tenements acquired by the Company cover approximately 3,700km[2] across four sedimentary basins, all with a history of coal and/or uranium occurrences. Exploration activities have commenced on the Ruhuhu Project and further updates will be provided to investors as appropriate.

The Company advises that trading in the listed securities on the ASX will re-commence on Thursday 1[st] November 2012.

For further information contact:

Shane Cranswick Managing Director Elect Tel: (+618) 9322 7600

ABN: 25 062 063 692 945 Wellington Street WEST PERTH WA 6005 T: +61 8 9322 7600 F: +61 8 9322 7602 www.selectexploration.com