SENSEN NETWORKS LIMITED — Capital/Financing Update 2012

Jul 31, 2012

1 August 2012

ORPHEUS REPAYS CONVERTIBLE NOTE

Orpheus Energy Limited (‘Orpheus Energy’ or the ‘Company’) is pleased to announce that it has agreed with Coalworks Limited, the terms of repayment of its outstanding $2.2 million convertible note.

Key terms of the repayment include:

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• The note will be redeemed for shares in Orpheus Energy at a price of 13c per share, being the same price as the recent share placement completed in May 2012;

• Accumulated interest on the note up to 6 September 2012 will be paid in shares at the same price, rather than cash;

• The note will be fully repaid, subject to shareholder approval at the Company’s AGM; The total number of shares to be issued by Orpheus Energy will be 18,181,180 fully paid ordinary shares, consisting of 16,923,077 shares issued in respect of the principal outstanding of $2.2 million and 1,258,103 shares in lieu of accumulated interest.

These 18,181,180 shares will then be distributed on a pro-rata basis to shareholders of Coalworks, at the Record Date of 26 June, 2012 (See CWK ASX Announcement of 18 July, 2012)

Executive Chairman Wayne Mitchell commented that ‘in the current capital markets, to pay out our current debt by issuing shares at the same price as our recent share placement represents a great win for our shareholders’.

Further details of the Annual General Meeting and the Company’s Annual Report will be released in the coming weeks.

For further information, please contact:

David Smith Email: info@orpheusenergy.com.au Phone +61 2 9922 3930 www.orpheusenergy.com.au

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About Orpheus Energy Limited

Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects. Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth, through increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.

About PT Mega Coal

PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.

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