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STREAMPLAY STUDIO LIMITED Capital/Financing Update 2009

Oct 13, 2009

65841_rns_2009-10-13_fc998fa0-9c3a-4595-9b3a-7ffd763386dd.pdf

Capital/Financing Update

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14 October 2009

QUOTATION OF NEW SHARES

The Directors of Gippsland Limited [ASX: GIP, DB: GIX] advise that following the successful conclusion of its fully underwritten Non-renounceable Rights Issue, the full amount of $3,872,958 before costs has been raised and allotment of the new shares was completed today. Quotation of the new shares will commence on ASX Limited on 15 October 2009.

The Directors are most encouraged by Shareholder support for the issue which after final adjustments had a shortfall of only 6.7%, which was subsequently absorbed by the underwriter.

RJ (Jack) Telford Director, Chief Executive Officer

For further information, please contact

Jack Telford Gippsland Limited Tel: +61 8 9340 6000 Email: [email protected] Web: www.gippslandltd.com DJ Carmichael & Co Paul Covich / Rob Matthews Tel: +61 8 9263 5271 Email: [email protected] / [email protected] Web: www.djcarmichael.com.au

WH Ireland Limited (UK)

John Molyneux / James Hughes Tel: +44 20 7220 1665 / +44 20 7220 1663 Email: [email protected] / [email protected] Web: www.wh-ireland.co.uk