SMART PARKING LIMITED — Capital/Financing Update 2007

Sep 11, 2007

Manager of Company Announcements Australian Stock Exchange Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E-Lodgement

RELEASE OF ESCROW

We advise that in accordance with ASX Listing Rule 3.10A, 208,571 ordinary shares and 112,977 options exercisable at 35 cents on or before 30 November 2008 will be released from escrow on 27 September 2007.

Please find attached an Appendix 3B in respect of released escrowed securities.

Yours faithfully

Phil Warren Company Secretary

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.

Name of entity

EMPIRE BEER GROUP LIMITED

ABN

45 119 327 169

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).

1 +Class of +securities issued or to be issued

N/A

N/A

• 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued
• 3 Principal terms of the +securities (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)

N/A

+ See chapter 19 for defined terms.

	respects from the date of allotmentwith an existing +class of quoted+securities?
	If the additional securities do notrank equally, please state:•the date from which they do•theextenttowhichtheyparticipate for the next dividend,(inthecaseofatrust,distribution) or interest payment•the extent to which they do notrankequally,otherthaninrelation to the next dividend,distribution or interest payment
5	Issue price or consideration	N/A
6	Purpose of the issue(If issued as consideration for theacquisition of assets, clearly identifythose assets)	N/A
7	+securities intoDates of enteringuncertificated holdings or despatchof certificates	N/A
		Number	+Class
8	Number and +class of all +securitiesquotedonASX(including thesecurities in clause 2 if applicable)	N/A
9	Number and +class of all +securitiesnot quoted on ASX (including thesecurities in clause 2 if applicable)	NumberN/A	+Class
10	Dividend policy (in the case of atrust, distribution policy) on theincreased capital (interests)	N/A
	Part 2 - Bonus issue or pro rata issue
11	Is security holder approval required?	N/A
12	Istheissuerenounceablerenounceable?	ornonN/A
13	Ratio in which the +securities will be offered	N/A
14	+Class of +securities to which the offer relates	N/A

N/A

4 Do the +securities rank equally in all

+ See chapter 19 for defined terms.

15	+Record date to determine entitlements	N/A
16	Willholdingsondifferentregisters(orsubregisters) be aggregated for calculatingentitlements?	N/A
17	Policy for deciding entitlements in relation tofractions	N/A
18	Names of countries in which the entity has+security holders who will not be sent newissue documents	N/A
	Note: Security holders must be told how theirentitlements are to be dealt with.
	Cross reference: rule 7.7.
19	Closing date for receipt of acceptances orrenunciations	N/A
20	Names of any underwriters	N/A
21	Amountofanyunderwritingfeeorcommission	N/A
22	Names of any brokers to the issue	N/A
23	Fee or commission payable to the broker tothe issue	N/A
24	Amount of any handling fee payable tobrokerswholodgeacceptancesorrenunciations on behalf of +security holders	N/A
25	If the issue is contingent on +security holders'approval, the date of the meeting	N/A
26	Date entitlement and acceptance form andprospectus or Product Disclosure Statementwill be sent to persons entitled	N/A

+ See chapter 19 for defined terms.

27	If the entity has issued options, and the termsentitleoptionholderstoparticipateonexercise, the date on which notices will be sentto option holders	N/A
28	Date rights trading will begin (if applicable)	N/A
29	Date rights trading will end (if applicable)	N/A
30	+securityHowdoholdersselltheirentitlements in full through a broker?	N/A
31	How do +security holders sell part of theirentitlements through a broker and accept forthe balance?	N/A
32	How do +security holders dispose of theirentitlements (except by sale through a broker)?	N/A
33	+Despatch date	N/A

Part 3 - Quotation of securities

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

• 34 Type of securities (tick one)
• (a) Securities described in Part 1

(b)

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 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

+ See chapter 19 for defined terms.

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

Entities that have ticked box 34(b)

38	Numberofsecuritiesforwhich+quotation is sought	208,571 Ordinary Fully Paid Shares to be releasedfrom escrow on 27 September 2007.112,977 Listed Options (exercisable at 35 cents on or
		before 30 November 2008) to be released from escrowon 27 September 2007.
39	Class of +securities for which quotationis sought	Ordinary Fully Paid Shares
		Listed Options (exercisable at 35 cents on or before
		30 November 2008)
40	Do the +securities rank equally in all	Yes
	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 ofa trust, distribution) or interest
	payment
	•the extent to which they do not rankequally, other than in relation to the
	nextdividend,distributionor
	interest payment
41	Reason for request for quotation now	End of restriction period
	Example: In the case of restricted securities, end of
	restriction period
	(if issued upon conversion of another security, clearly identify that
	other security)
		Number	+Class
42	Number and +class of all+securities	30,043,296	Ordinary fully paid
	quotedonASX(includingthesecurities in clause 38)		shares
		13,773,334	Listed Options
			(exercisable at 35 cents
			on or before 30

November 2008)

+ See chapter 19 for defined terms.

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.
• 2 We warrant the following to ASX.
  • The issue of the +securities to be quoted complies with the law and is 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.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the +securities to be quoted, it has been provided 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.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• 4 We give ASX the information and documents required by this form. If any 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.

Sign here: Date: 12 September 2007

Print name: Phil Warren, Company Secretary

+ See chapter 19 for defined terms.