FLUOROTECHNICS LIMITED(FLS)

name changed to Lamboo Resources Limited

The suspension of trading in the securities of Fluorotechnics Limited will be lifted at the commencement of trading on Tuesday, 12 June 2012 following re-compliance with Chapters 1 and 2 of the ASX Listing Rules

The securities of Fluorotechnics Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, following the receipt of shareholder approval for the proposed acquisition of Lamboo Resources Pty Limited and McKintosh Resources Limited. In accordance with ASX" requirements for compliance with Chapter 11 of the Listing Rules, the Company" securities will remain suspended until the Company has complied with Chapters 1 and 2 of the Listing Rules. Security Code: FLS

The suspension of trading in the securities of Fluorotechnics Limited (the "Company") will be lifted immediately, following the Company" lodgement of prospectus, in accordance with the Company" announcement dated 24 April 2012.

Shareholder approval will be sought to consolidate the existing shares on the basis of one (1) New Share for each 16 Existing shares (See Resolution 1 in the Notice of Meeting). New Shares at the price of 20 cents per New Share are proposed to be issued both for the acquisition of the Lamboo and McKintosh assets (total 17,500,000 New Shares at 20 cents being $3,500,000) (See Resolution 3 in the Notice of Meeting) and also for the issue of New Shares (see Resolution 4 in the Notice of Meeting). If the Notice of Meeting Resolutions are passed, this means that the implied value of the existing shares today prior to any consolidation is 1.25 cents

A General Meeting to be held at 10:00am (Sydney time) on Monday, 21st May 2012 at the offices of Sydney Capital Partners - Level 6, 2 Bulletin Place Sydney NSW, all proxy forms for use at this Meeting must be returned to the Company by no later than 10:00am (Sydney time) on Thursday, 17th May 2012

company refers to the announcement dated 14 March 2012 and advises that there has not been a finalisation of the price at which Fluorotechnics Limited shares will be issued to satisfy the purchase price for the acquisition of Lamboo and McKintosh. The market will be updated when this price is finalized

Further to the announcements of 13 February 2012 and 5 March 2012 regarding the option to acquire the Lamboo and McKintosh resource assets, subject to regulatory approval, confirmatory due diligence, financing and shareholder approval, Fluorotechnics("FLS") advises that it has yet to determine the FLS share price to be used in calculating the number of FLS shares to be issued for the consideration for the acquisition of the assets

The securities of Fluorotechnics Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement regarding the proposed acquisition of certain resource assets

securities reinstated

lodges report for the half-year ended 31 December 2010

the company anticipates lodging its Annual Report for 2010 and Interim report with the ASX within the next few days

following the introduction of new capital into the company, the winding down of the global business while looking for new opportunities, and the restructure of the Board, the Board has agreed that James Walker will cease to be Managing Director and Chief Executive Officer. He will continue as an Executive Director and his role will cover the supervision of the transition of the German manufacturing business and supervision of the ongoing Australian business, including pursuing opportunities for the sale of that business. James will remain the primary contact point for the operations of Fluorotechnics Limited

Hunter Hall International Ltd was diluted in Fluorotechnics Pty Ltd on December 22, 2010 due to a share issue, from 20,869,971 shares (44.27%) to 20,869,971 shares (38.54%)

on 23 September 2010, the market was told the company was scaling back its operations and selling some or all of its assets, given the disappointing revenues in the North Hemisphere due to the global financial crisis. As part of this process, the company advises it has sold its subsidiary in the USA, Gel Company Inc.. The financial results of the sale will be disclosed in the 2010 Annual Report. The company is continuing to review other opportunities for the orderly sale of the remaining operations and assets

securities suspended from quotation following failure to lodge their full year financial reports