WEEBIT NANO LTD — Capital/Financing Update 2012

Dec 3, 2012

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4 December 2012

Centralised Company Announcements Platform Australian Stock Exchange 10[th] floor, 20 Bond Street Sydney NSW 2000

Dear Sir,

RELEASE FROM ESCROW

Radar Iron Limited would like to advise that the following securities are due to be released from escrow on 21 December 2012.

Security Description	Number
Fully Paid Ordinary Shares	22,815,612
Unlisted Options exercisable at 25 cents, expiring on 30 November 2013	20,000,000
Unlisted Options exercisable at 30 cents, expiring on 31 May 2014	2,000,000

The Company will apply for quotation of the fully paid ordinary shares in due course.

Yours sincerely,

For and on behalf of Radar Iron Ltd

Phillip Wingate Company Secretary

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