SCIDEV LTD — Capital/Financing Update 2009

Apr 29, 2009

ABN 25 001 150 849

Level 3 2 Elizabeth Plaza North Sydney NSW 2060 Australia PO Box 1507 North Sydney NSW 2059 Australia

Phone: 02-9925-8170 Fax: 02-9925-8110 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

Companies Announcements Office Australian Securities Exchange

30 April 2009

Share Purchase Plan

Intec Ltd (ASX code: INL) today announces its Share Purchase Plan (SPP). This SPP is intended to provide the opportunity for eligible INL shareholders to purchase up to A$15,000 (subject to pending ASIC and ASX approvals of an increase from A$5,000) worth of INL shares at a price of 1.5 cents per share. This price represents the maximum ASX-allowed 20% discount from the average INL share price over the past five days. The terms of this SPP will be detailed in the letter of offer that sets out INL’s intended use of this SPP’s proceeds for forthcoming specified projects, which letter is expected to be mailed to eligible INL shareholders on or around Friday 8 May 2009.

This SPP offer is available to INL shareholders who are on the register on the record date of Tuesday 5 May 2009.

The INL Board has further approved today the placement (at its discretion) of a maximum of an additional 15% of its presently issued shares at 1.5 cents per share to selected and/or selfnominating eligible placees, early in the anticipated month-long period during which the SPP offer remains open.

Yours faithfully

Intec Ltd

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Philip R Wood Managing Director and Chief Executive Officer

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ASX code: INL