Settlement date extension for Ecobulb transaction

Energy Mad Limited (the Company) announced on 9 May 2017 that it had entered into an agreement with Ecobulb Limited (Ecobulb) relating to the sale and purchase of assets of the Company (the Agreement). The Company announced in its 2018 annual report that the proposed settlement date of the Agreement had been deferred to 31 July 2018 or earlier if agreed between the parties. The Company and Ecobulb agreed on 18 July 2018 for the settlement date of the Agreement to be deferred to 31 October 2018 or earlier if agreed between the Company and Ecobulb. Ends For more information, contact Brent Wheeler, Chairman, 021 834 279. End CA:00321277 For:MAD Type:GENERAL Time:2018-07-25 15:10:20