SPENDA LIMITED — Capital/Financing Update 2013

Sep 4, 2013

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!01/07/96!!Origin:!Appendix!5!!Amended!01/07/98,!01/09/99,!01/07/00,!30/09/01,!11/03/02,!01/01/03,!24/10/05,!01/08/12

Name!of!entity

MOTOPIA!LIMITED

ABN

67#099#084#143

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

Ordinary!Shares

• 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)

Up#to#approximately#679,207,714

Ordinary!Shares

+!See!chapter!19!for!defined!terms.

4 Do! the! +securities! rank! equally! in! 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! or! interest!payment
• 5 Issue!price!or!consideration $0.001 per!share
• 6 Purpose!of!the!issue (If! issued! as! consideration! for! the! acquisition! of! assets,! clearly! identify!those!assets)

6a Is! the! entity! an! +eligible! entity! that! has! obtained! security! holder!approval!under!rule!7.1A? No

If!Yes,!complete!sections!6b!– 6h! in% relation% to% the% +securities% the% subject% of% this%Appendix% 3B,! and! comply!with!section!6i

• 6b The! date! the! security! holder! resolution! under! rule! 7.1A! was! passed
• 6c Number! of! +securities! issued! without!security!holder!approval! under!rule!7.1

1!for!1!non^renounceable!rights!issue.

N/A

Nil

+!See!chapter!19!for!defined!terms.

• 6d Number! of! +securities! issued! with! security! holder! approval! under!rule!7.1A Nil
• 6e Number! of! +securities! issued! with! security! holder! approval! under! rule! 7.3,! or! another! specific!security!holder!approval! (specify!date!of!meeting)
• 6f Number! of! securities! issued! under!an!exception!in!rule!7.2
• 6g If! securities! issued! under! rule! 7.1A,!was!issue!price!at!least!75%! of! 15! day! VWAP! as! calculated! under! rule! 7.1A.3?! ! Include! the! issue! date! and! both! values. Include!the!source!of!the!VWAP! calculation.
• 6h If! securities! were! issued! under! rule! 7.1A! for! non^cash! consideration,! state! date! on! which! valuation! of! consideration! was! released! to! ASX!Market!Announcements
• 6i Calculate! the! entity's! remaining! issue!capacity!under!rule!7.1!and! rule!7.1A!– complete!Annexure! 1! and! release! to! ASX! Market! Announcements
• 7 Dates! of! entering! +securities! into! uncertificated! holdings! or! despatch!of!certificates
• 8 Number! and! +class! of! all! +securities! quoted! on! ASX! (including the! securities! in! section!2!if!applicable)

Number	+Class
Up#to#1,358,415,428	Ordinary!Shares

Up#to#approximately#679,207,714

N/A

N/A

Nil

7.1!– 4,531,100

7.1A!– N/A

By!11!October!2013

+!See!chapter!19!for!defined!terms.

		Number	+Class
9	+class!Number!and!of!all!+securities! not! quoted! on! ASX!	295,427,140	Unlisted!OptionsExercise!Price:!$0.001
	(includingthe!securities!in!section!2!if!applicable)		Expiry:!7/12/15!
		7,000,000	Unlisted#OptionsExercise#Price:#$0.15
			Expiry:#30/11/13
		4,000,000	Unlisted#Options
			Exercise#Price:#$0.20
			Expiry:#30/12/14
10	Dividend!policy!(in!the!case!of!a!trust,!distribution!policy)!on!the!	No!Change!^	as!per!2012!Annual!Report

Part 2 - Bonus issue or pro rata issue

increased!capital!(interests)

11	Is!security!holder!approval!required?	No
12	Is!the!issue!renounceable!or!non^renounceable?	non^renounceable
13	Ratio! in! which! the! +securities!will!be!offered	1!for!1
14	+Class!of!+securities!to!which!the!offer!relates	Ordinary!Shares
15	+Record!date!to!determine!entitlements	13!September 2013
16	Will!holdings!on!different!registers!(or!subregisters)!be!aggregated!for!calculating!entitlements?	No
17	Policy! for! deciding! entitlements!in!relation!to!fractions	N/A

+!See!chapter!19!for!defined!terms.

18	Names!of!countries!in!which! the!entity! has! +security! holders! who!will!not!be!sent!new!issue!documentsNote:! Security! holders!must!be! told! how! their!entitlements!are!to!be!dealt!with.Cross!reference:!rule!7.7.	All! countries! except! Australia! and! New!Zealand.
19	Closing!date!for!receipt!of!acceptances!or!renunciations	3!October!2013
20	Names!of!any!underwriters	N/A
21	Amount! of! any! underwriting! fee!or!commission	N/A
22	Names! of! any! brokers! to! the!issue	N/A
23	Fee! or! commission! payable! to!the!broker!to!the!issue	N/A
24	Amount!of!any!handling!fee!payable! to! brokers! who! lodge!acceptances! or! renunciations! 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! and! prospectus! or! Product!Disclosure!Statement!will!be!sent!to!persons!entitled	19September!2013
27	If! the! entity! has! issued! options,!and! the! terms! entitle! option!holders!to!participate!on!exercise,!the!date!on!which!notices! will! be! sent! to! option!holders	5!September!2013
28	Date! rights! trading!will! begin! (if!applicable)	N/A
29	Date! rights! trading! will! end! (if!	N/A

applicable)

+!See!chapter!19!for!defined!terms.

Appendix(3B New(issue(announcement

30	How! do! +security! holders! sell!their!entitlements!in%full through!a!broker?	N/A
31	How! do! +security! holders! sell!partof!their!entitlements!through! a! broker! and! accept! for!the!balance?	N/A
32	How!do!+security!holders!dispose!of! their! entitlements! (except! by!sale!through!a!broker)?	N/A
33	+Despatch!date	By!15!October!2013

+!See!chapter!19!for!defined!terms.

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
36	If!the!+securities!are!+equity!securities,!a!distribution!schedule!of!the!additional!+securities!setting!out!the!number!of!holders!in!the!categories1!^ 1,0001,001!^ 5,0005,001!^ 10,00010,001!^ 100,000100,001!and!over
37	A!copy!of!any!trust!deed!for!the!additional!+securities

Entities that have ticked box 34(b)

38 Number! of! securities! for! which! +quotation!is!sought 39 Class! of! +securities! for! which! quotation!is!sought

+!See!chapter!19!for!defined!terms.

40 Do!the!+securities!rank!equally!in! 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! or! interest! payment
• 41 Reason! for! request! for! quotation! now!

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

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

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

Number	+Class

+!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.
• 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:!5/9/13

(Company!secretary)

Print!name:! Justyn!Stedwell On!behalf!of!the!Board!of!Motopia!Limited

+!See!chapter!19!for!defined!terms.

Appendix 3B – Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for +eligible entities

Introduced!01/08/12

Part 1

Rule 7.1 –Issues exceeding 15% of capital
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
Insert number of fully paid ordinarysecurities on issue 12 months before dateof issue or agreement to issue	444,473,706
Add the following:
•Number of fully paid ordinary securitiesissued in that 12 month period under anexception in rule 7.2
•Number of fully paid ordinary securitiesissued in that 12 month period withshareholder approval	150,081,785
•Number of partly paid ordinarysecurities that became fully paid in that12 month period
Note:
•Include only ordinary securities here –other classes of equity securities cannotbe added
•Include here (if applicable) the securitiesthe subject of the Appendix 3B to whichthis form is annexed
•It may be useful to set out issues ofsecurities on different dates as separateline items
Subtract the number of fully paid ordinarysecurities cancelled during that 12 monthperiod
"A"	594,555,491

+!See!chapter!19!for!defined!terms.

Step 2: Calculate 15% of "A"
"B"	0.15
	[Note: this value cannot be changed]
Multiply "A" by 0.15	89,183,323
that has already been used	Step 3: Calculate "C", the amount of placement capacity under rule 7.1
Insert number of equity securities issued oragreed to be issued in that 12 month periodnot counting those issued:
•Under an exception in rule 7.2
•Under rule 7.1A
•With security holder approval under rule7.1 or rule 7.4	84,652,223
Note:•This applies to equity securities, unlessspecifically excluded – not just ordinarysecurities•Include here (if applicable ) thesecurities the subject of the Appendix3B to which this form is annexed•It may be useful to set out issues ofsecurities on different dates as separateline items
"C"	84,652,223
Step 4: Subtract "C" from ["A" x "B"] to calculate remainingplacement capacity under rule 7.1
"A" x 0.15	89,183,323
Note: number must be same as shown inStep 2
Subtract "C"	84,652,223
Note: number must be same as shown inStep 3
Total ["A" x 0.15] – "C"	4,531,100
	[Note: this is the remaining placementcapacity under rule 7.1]

+!See!chapter!19!for!defined!terms.

Part 2

Rule 7.1A –	Additional placement capacity for eligible entities
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
"A"	N/A
Note: number must be same as shown inStep 1 of Part 1
Step 2: Calculate 10% of "A"
"D"	0.10
	Note: this value cannot be changed
Multiply "A" by 0.10
Step 3: Calculate "E", the amount of placement capacity under rule7.1A that has already been used
Insert number of equity securities issued oragreed to be issued in that 12 month periodunder rule 7.1A
Notes:•This applies to equity securities – notjust ordinary securities•Include here – if applicable – thesecurities the subject of the Appendix3B to which this form is annexed•Do not include equity securities issuedunder rule 7.1 (they must be dealt within Part 1), or for which specific securityholder approval has been obtained•It may be useful to set out issues ofsecurities on different dates as separateline items"E"

+!See!chapter!19!for!defined!terms.

Step 4: Subtract "E" from ["A" x "D"] to calculate remainingplacement capacity under rule 7.1A
"A" x 0.10
Note: number must be same as shown inStep 2
Subtract "E"
Note: number must be same as shown inStep 3
Total ["A" x 0.10] – "E"	N/A
	Note: this is the remaining placementcapacity under rule 7.1A

+!See!chapter!19!for!defined!terms.

Motopia'Limited ABN'67'099'084'143 Level'7,'160'Queen'Street Melbourne'VIC'3000 t'+61'3'8678'1746 f'+61'3'8678'1747

5'September'2013

ASX$Announcement Notice$under$section$708AA$of$the$Corporations$Act

This'notice'is'provided'by'Motopia'Limited'ACN'099'084'143 ('Motopia''or''Company')'under'section'708AA(2)(f)'of'the' Corporations'Act'2001'(Cth)'(Corporations'Act).

Today,'Motopia'announced'a'one'for'one'nonQrenounceable'pro'rata'rights'issue'(Rights'Issue'or'the'Offer)'to'holders'of' shares'in'the'Company'with'a'registered'address'in'Australia'or'New'Zealand'as'at'7:00'pm'AEST'on'13'September'2013 (Eligible'Shareholders).'

Pursuant'to'the'Rights'Issue'the'Company'will'issue'up'to'approximately'679,207,714'fully'paid'ordinary'shares'in'the' capital'of'the'Company'(New'Shares)'at'an'issue'price'of'$0.001'(0.1 cents)'per'New'Share.''The'Offer'Document for'the' Rights'Issue was'released'to'ASX'on'5'September'2013'and will'be'dispatched'to'Eligible'Shareholders on'19'September 2013.

Eligible'Shareholders'may,'in'addition'to'taking'up'their'entitlements'in'full,'apply'for'additional'shares''in'excess'of'their' entitlements'at'the'same'price'as'under'the'Offer.'

In'accordance'with'section'708AA(2)(f)'of'the'Corporations'Act'the'Company hereby'gives'notice'that:

• 1. Motopia will'offer'the'New'Shares'without'disclosure'to'investors'under'part'6D.2'of'the'Corporations'Act'as' modified'by'CO'08/35;
• 1. Motopia is'giving'the'notice'under'section'708AA(2)(f)'of'the'Corporations'Act'as'modified'by'CO'08/35;
• 1. as'at'the'date'of'this'notice,'Motopia has'complied'with:
  • a. the'provisions'of'Chapter'2M'of'the'Corporations'Act'as'they'apply'to the'Company;'and
  • b. section'674'of'the'Corporations'Act;'''''''
• 1. as'at'the'date'of'this'notice,'there'is'no'information:
  • a. that has'been'excluded'from'a'continuous'disclosure'notice'in'accordance'with'the'ASX'Listing'Rules;'and
  • b. that investors'and'their'professional'advisors'would'reasonably'require,'and'would'reasonably'expect'to'find' in'a'disclosure'document,'for'the'purposes'of'making'an'informed'assessment'of:
    • i. the'assets'and'liabilities,'financial'position'and'performance,'profit and'losses'and'prospects'of Motopia;'or
    • ii. the'rights'and'liabilities'attaching'to'the'New'Shares.
• 1. The'potential'effect'the'issue'of'New'Shares'will'have'on'the'control'of'Motopia is'as'follows:
  • a. if'all'Eligible'Shareholders'take'up'their'entitlements'under'the'Rights'Issue,'then'the'Offer'will'have'no' significant'effect'or'consequence'on'the'control'of Motopia;
  • b. if'an'Eligible'Shareholder'does'not'take'up'entitlements'under'the'Rights'Issue,'then'the'shareholding'interest' of'that'shareholder'in'Motopia will'be'diluted;'
  • c. the'shareholding'interest'of'shareholders'with'a'registered'address'outside'of'Australia'and'New'Zealand'will' be'diluted'as'such'shareholders'are'not'entitled'to'participate'in'the'Offer;'and
  • d. no shareholder'will'increase'their'voting'power'in'the'Company'from'below'20%'to'above'20%'as'a'result'of' the'Offer.

Justyn'Stedwell Company'Secretary On'behalf'of'the'Board'of'Directors Motopia'Limited