ZEOTECH LIMITED — Capital/Financing Update 2012

Sep 16, 2012

17 September 2012

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Mr Sam Sample & Mrs Sam Sample Unit 1 1 Sample Street Sampleton NSW 2000

Dear Shareholder,

LACONIA RIGHTS ISSUE

NOTIFICATION TO INELIGIBLE SHAREHOLDERS

As announced on the ASX on 3 September 2012, Laconia Resources Limited (Laconia or the Company) is in the process of undertaking a non-renounceable pro-rata rights issue (Rights Issue) to raise up to approximately $1.81 million.

Under the Rights Issue, eligible shareholders may apply for 1 new Laconia ordinary share (New Share) for every 2 existing Laconia shares held as at 5:00pm (WST) on 24 September 2012 (Record Date), at an offer price of $0.02 per New Share (Offer Price).

The Rights Issue is fully underwritten by Indian Ocean Capital Pty Ltd.

The Rights Issue is being made by Laconia pursuant to an offer document in accordance with section 708AA of the Corporations Act 2001 (Act).

The Rights Issue is being made to Eligible Shareholders (as defined below).

Eligibility criteria

The restrictions upon eligibility under the Rights Issue are in place because of legal limitations on making or extending an offer of securities in some countries, the relatively small number of shareholders in those countries, the number and value of shares for which those shareholders would otherwise be entitled to subscribe and the potential cost of complying with regulatory requirements in those countries.

Laconia has determined, pursuant to Listing Rule 7.7.1(a) of the ASX Listing Rules and section 9A(3)(a) of the Act, that it would be unreasonable to make or extend offers to shareholders in countries outside of Australia and New Zealand under the Rights Issue. Accordingly, in compliance with ASX Listing Rule 7.7.1(b) and section 9A(3)(b) of the Act, Laconia wishes to advise you that it will not be extending the Rights Issue to you and you will not be able to apply for New Shares under the Rights Issue.

Yours sincerely

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Ian Stuart Manager Director LACONIA RESOURCES LIMITED

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