TZ LIMITED — Share Issue/Capital Change 2012

May 9, 2012

TZ Limited ABN 26 073 979 272

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10 May 2012

Lodged by ASX Online

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

Dear Sir/Madam

RELEASE OF SHARES FROM ESCROW

TZ Limited hereby gives notice in accordance with Listing Rule 3.10A that 4,613,333 ordinary shares which were issued to QVT Fund LP and Quintessence Fund L.P. on 24 May 2011 will be released from escrow on 24 May 2012.

Yours faithfully, TZ LIMITED

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Kenneth Ting Executive Director and Secretary

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

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

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