Ludowici Share Purchase Plan

December 24th, 2009

Ludowici  (LDW) announced on the 23/12/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 17/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 26/2/2010.  Shares will be issued on 5/3/2010 and begin trading soon after.  A maximum of  $15,000 can be purchased by each shareholder at $2.65.

Discount : 17.2%  Liquidity : Poor Profitability : Good  Stability : Ok

www.ludowici.com.au

* Note: Discount is based on the closing price on the 23 December 2009.


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