SPENDA LIMITED — M&A Activity 2011

Feb 3, 2011

Motopia Limited ABN 67 099 084 143 Australia Office Suite 4.13, Level 4 343 Little Collins Street, Melbourne VIC 3000

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4 February 2011

ASX Announcement

Completion of acquisition of 2moro mobile

Further to the announcement made on 24 November 2010, the Directors of Motopia Limited ( Company ) are pleased to announce the completion of the acquisition of the 2moro Mobile Pty Ltd.

The issue of 10,000,000 shares as consideration for the acquisition of all of the shares in 2moro Mobile Pty Ltd will be issued by the Company to the Sellers utilising the 15% exemption rule under ASX Listing Rule 7.1.

As part of the completion process, the parties will finalise a number of post completion actions, such as issuing the completion shares and options, over the next 10 days. The 10,000,000 shares to be issued consideration for the acquisition are subject to voluntary cascading escrow provisions ranging from 12 months to 3 years.

2moro mobile is one of the largest and most trusted mobile app developers in Australia. 2moro mobile has worked closely with major advertising agencies and brands such as Microsoft, Nova and Toyota to deliver many highly successful mobile apps, games and campaigns

The acquisition of 2moro mobile enables the Company to cement its competitive position in the mobile media and marketing industry.

For further information, please contact:

Mr. Jitto Arulampalam Executive Chairman 0421 617 766

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P: 1300 646 546 F: + 61 2 9012 0801 E: info@motopia.com w: motopia.com