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RENT.COM.AU LIMITED Capital/Financing Update 2013

Jun 24, 2013

65722_rns_2013-06-24_f4e5a611-b30e-4ed5-8321-08e158469250.pdf

Capital/Financing Update

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SELECT EXPLORATION LIMITED

ABN 25 062 063 692

REGISTERED OFFICE SELECT EXPLORATION LIMITED 945 WELLINGTON STREET WEST PERTH WA 6005

SHARE REGISTRY

Security Transfer Registrars Pty Ltd All Correspondence to: PO BOX 535, APPLECROSS WA 6953

Tel (08) 9315 2333 Fax (08) 9315 2233 EMAIL: [email protected]

25 June 2013

Dear Option Holder

YOUR OPTIONS TO ACQUIRE SELECT EXPLORATION LIMITED SHARES AT $0.20 PER SHARE EXPIRE ON 31 JULY 2013

We are writing to you as a registered holder of 31 July 2013 options in Select Exploration Limited (ASX: SLT) to remind you that the options will expire at 5:00pm (WST) on 31 July 2013.

Your option holding may be exercised in whole or in part by payment of $0.20 for each option by no later than 31 July 2013. If payment is not received by 5:00pm (WST) on 31 July 2013 the options will lapse and all rights under the options will cease at that time.

Some of the courses of action available to you as a holder of these soon-to-expire options are:

  • a) Exercise the options on or before 31 July 2013.

  • b) Sell your options. Quotation of the options will cease at the close of trading on 24 July 2013.

  • c) Do nothing (i.e., allow your options to expire). If you do not exercise or sell your options they will expire on 31 July 2013 and your right to subscribe for ordinary shares in Select Exploration Limited at $0.20 per share will lapse.

There is no obligation on option holders to exercise their options. However, under paragraph 6.1 of Appendix 6A of the Australian Securities Exchange (ASX) Listing Rules, the Company is required to advise option holders of the information contained in this notice.

The market sale price of ordinary shares in Select Exploration Limited on the ASX was 2.6 cents on 20 June 2013, being the last trading day in Perth prior to the date of this notice.

During the three (3) months preceding the date of this notice:

  • the highest market sale price of ordinary shares on ASX was 15 cents on 3 April 2013; and

  • the lowest market sale price of ordinary shares on ASX was 2.6 cents on 20 June 2013.

If you wish to exercise your options then you must complete your “Notice of Exercise of Options” form on the reverse of this notice and forward it together with payment of $0.20 per option exercised to be received no later than 5:00pm (WST) on 31 July 2013 to the Company’s share registry, being:

Security Transfer Registrars Pty Ltd PO Box 535 OR 770 Canning Highway APPLECROSS WA 6953 APPLECROSS WA 6153

Cheques should be made payable to “SELECT EXPLORATION LIMITED” in Australian dollars only and should be crossed “Not negotiable”. If you have any further questions please do not hesitate to contact our Registry on telephone (08) 9315 2333, facsimile (08) 9315 2233, or e-mail [email protected].

Yours faithfully

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PHIL WARREN COMPANY SECRETARY