SKS TECHNOLOGIES GROUP LIMITED — Capital/Financing Update 2011

Nov 22, 2011

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

STOKES (AUSTRALASIA) LIMITED

ABN

$004$ 554 $329$

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

+Class of +securities issued or to $\mathbf{1}$ be issued

ORDINARY

$561, 250$

• Number of +securities issued or $\overline{2}$ to be issued (if known) or maximum number which may be issued
• Principal terms of the +securities $\overline{\mathbf{3}}$ (eg, if options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

FULLY PAID

+ See chapter 19 for defined terms.

Do the +securities rank equally in $\overline{4}$ all respects from the date of allotment with an existing *class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do

• · the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution interest or payment

• Issue price or consideration $\overline{5}$

• Purpose of the issue 6 (If issued as consideration for the acquisition of assets, clearly identify those assets)

• Dates of entering +securities $\overline{7}$ into uncertificated holdings or despatch of certificates

• Number and +class of all 8 *securities quoted on ASX (including the securities in clause 2 if applicable)

Number	+ Class
7800427	$O$ $R$ $D$

YE S

$20d$

$21.11.11$

WORKING CAPITAL

• See chapter 19 for defined terms.

		Number	+ Class
9	Number and + class of all*securities not quoted on ASX (including the securities inclause 2 if applicable)	NIL
10	Dividend policy (in the case of a

trust, distribution policy) on theincreased capital (interests)

Part 2 - Bonus issue or pro rata issue

11	holderapprovalsecurityIsrequired?
12	Is the issue renounceable or non-renounceable?
13	Ratio in which the + securitieswill be offered
14	+ Class of + securities to which theoffer relates
15	determine+Recorddatetoentitlements
16	differentWillholdingsonregisters (or subregisters) becalculatingaggregatedforentitlements?
17	Policy for deciding entitlementsin relation to fractions
18	Names of countries in which theentity has *security holders whowill not be sent new issuedocuments
	Note: Security holders must be told how theirentitlements are to be dealt with.
	Cross reference: rule 7.7.

+ See chapter 19 for defined terms.

Closing date for receipt ofacceptances or renunciations 19

+ See chapter 19 for defined terms.

20	Names of any underwriters
21	Amount of any underwriting feeor commission
22	Names of any brokers to theissue
23	Fee or commission payable to thebroker to the issue
24	Amount of any handling feepayable to brokers who lodgeacceptances or renunciations onbehalf of *security holders
25	If the issue is contingent on*security holders' approval, thedate of the meeting
26	Date entitlement and acceptanceform and prospectus or ProductDisclosure Statement will be sentto persons entitled
27	If the entity has issued options,and the terms entitle optionholdersparticipatetoonexercise, the date on whichnotices will be sent to optionholders
28	Date rights trading will begin (ifapplicable)
29	Date rights trading will end (ifapplicable)
30	How do *security holders selltheir entitlements in full througha broker?
31	How do + security holders sellentitlementsoftheirpartthrough a broker and accept forthe balance?

+ See chapter 19 for defined terms.

+ See chapter 19 for defined terms.

How do +security holders dispose $32$ of their entitlements (except by sale through a broker)?

*Despatch date 33

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

Type of securities 34

(tick one)

Securities described in Part 1

All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35

$(a)$

$(b)$

• If the 'securities are 'equity securities, the names of the 20 largest holders of the additional 'securities, and the number and percentage of additional 'securities held by those holders
• 36

If the 'securities are 'equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ 5,001 - 10,000 $10,001 - 100,000$ 100,001 and over

37

A copy of any trust deed for the additional +securities

+ See chapter 19 for defined terms.

Entities that have ticked box 34(b)

• $38$ +quotation is sought
• Class of +securities for which 39 quotation is sought
• Do the 'securities rank equally in 40 all respects from the date of allotment with an existing *class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, interest distribution or payment
• Reason for request for quotation $41$ now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

and +class of all Number $42$ quoted on ASX +securities (including the securities in clause $38)$

Number	+ Class

+ See chapter 19 for defined terms.

Quotation agreement

• *Quotation of our additional *securities is in ASX's absolute discretion. ASX $\mathbf{1}$ may quote the *securities on any conditions it decides.
• We warrant the following to ASX. $\overline{2}$
  • The issue of the +securities to be quoted complies with the law and is $\bullet$ not for an illegal purpose.
  • There is no reason why those *securities should not be granted +quotation.
  • An offer of the 'securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any 'securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the 'securities be quoted.
• We will indemnify ASX to the fullest extent permitted by law in respect of any $\overline{\mathbf{3}}$ claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document not available now, will give it to ASX before *quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Charloin Elking Son Date: 21.11.11 Sign here: Gordon Elkington Print name:

$m = -1$

+ See chapter 19 for defined terms.