ZEOTECH LIMITED — Capital/Financing Update 2013

Jun 6, 2013

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7 June 2013

Dear Optionholder.

LACONIA RIGHTS ISSUE - NOTIFICATION TO OPTIONHOLDERS

We are writing to you in relation to your option holding in Laconia Resources Limited ( Company ).

The Company has announced to the Australian Securities Exchange ( ASX ) a non-renounceable rights issue of up to 91,585,297 new fully paid shares in the Company ( New Shares ) at an issue price of $0.01 on the basis of one (1) New Share for every three (3) shares held on the 19 June 2013 ( Record Date ), together with one (1) free attaching option exercisable at $0.06 each on or before 30 September 2018 for every one (1) New Share subscribed for and issued ( New Option) ( Rights Issue ).

Accordingly, take notice that in order to participate in the Rights Issue, you will need to exercise your options prior to the Record Date.

To exercise your options and thereby participate in the Entitlement Issue, you will need to deliver the following to the Company at Level 1, 41-43 Ord Street, West Perth, WA 6005:

• a) notice of exercise of options (attached to this letter);

• b) an option certificate (where the options are certificated) or a copy of a holding statement (where the options are uncertificated) in respect of those options to be exercised; and

• c) payment for the exercise price in respect of those options to be exercised by way of a cheque made payable to “Laconia Resources Limited – In Trust for Options Account”.

To ensure that your shares are allotted prior to the record date, the above must be received by Laconia no later than 5pm (WST) on 18 June 2013 . The Company has lodged a Prospectus in relation to the Rights Issue with ASX. The Company anticipates that the Prospectus will be dispatched to shareholders of the Company on or about 20 June 2013. The Prospectus outlines the Rights Issue in detail. Before deciding whether to exercise any or all of your options, you should read the Prospectus in its entirety.

The Company has determined pursuant to Listing Rule 7.7.1(a) of the Listing Rules of ASX Limited that it is unreasonable to make an offer pursuant to the Rights Issue to Shareholders outside of Australia and New Zealand. Therefore, in compliance with ASX Listing Rule 7.7.1(b), the Company is not required to make offers pursuant to the Rights Issue to Shareholders registered outside of Australia and New Zealand. Accordingly an Option holder who is resident outside of Australia and New Zealand will not be able to participate in the Rights Issue upon exercise of their Options.

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Further information

If you have any questions in relation to any of the above matters, please contact the Company Secretary Mr Matthew Edmondson on +61 8 9486 1599. For other questions, you should contact your stockbroker, accountant, taxation adviser, financial adviser or other professional adviser.

Yours sincerely

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Ian Stuart Manager Director LACONIA RESOURCES LIMITED

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