TZ LIMITED — Share Issue/Capital Change 2010

Jan 6, 2010

TZ Limited ABN 26 073 979 272

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7 January 2010

Lodged by ASX Online

The Manager Company Announcement Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000

Dear Sir/Madam

APPENDIX 3B

TZ Limited (the "Company" ) advises that it has today issued 1,250,000 ordinary fully paid shares ( “Shares” ) in the Company as follows:

• 1,131,250 Shares to Deutsche Bank AG London as custodian for QVT Fund LP at an issue price of $1.00 per Share; and

• 118,750 Shares to Deutsche Bank AG London as custodian for Quintessence Fund L.P. at an issue price of $1.00 per Share.

The Shares are subject to a voluntary escrow of 12 months from the date of issue, expiring on 7 January 2011.

An Appendix 3B is attached in respect of the Shares issued by the Company today.

Yours faithfully, TZ LIMITED

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Kenneth Ting Director

ASX: TZL Web: www.tz.net Email: info@tz.net

Chicago (Operational Headquarters) 520 West Erie Street, Suite 210 Chicago, IL 60654 United States

Sydney (Registered Office) Level 11, 1 Chifley Square Sydney, NSW 2000 Australia

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