SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2009

Jul 27, 2009

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Market Update

21 July 2009

Saferoads Holdings Limited (SFH) advises that its wholly owned subsidiary Saferoads Pty Ltd expects to be in breach of its Bank Interest Coverage covenant on calculation date (5 August 2009).

This breach is largely due to the significant redundancy costs incurred during the Company’s restructure and the additional costs incurred when a major installation sub-contractor ceased operations in January of this year.

The Company has been in frequent contact with its bankers and continues to have their full support.

The Board does not currently see the need to renegotiate the terms of its facilities.

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Bill Cruickshank Company Secretary

SAFEROADS HOLDINGS LIMITED ABN 81 116 668 538

PO Box 340, Drouin, Vic , Australia 3818 Phone: 1800 060 672 Fax: 1800 060 673 Web: www.saferoads.com.au