Apply conservation of angular momentum, I0ω0 = Iω; since 2 point masses - I = 2mr2
I0 = 2m(.52) = .5m; I = 2m(12); ω0 = 2 rev/1s x (2∏ rads)/1rev = 4∏ rads/s
applying formula for conservation of angular momentum: ω = Ioωo / I = .5m(4∏)/2m = ∏ rads/s
rate in term of revolutions ∏rad/s x 1 rev./2∏ rad = .5 rev/s = .5 Hz