General Capital continues to develop.

Dear Shareholder, General Capital continues to develop. I am writing to you to give you an update of developments within General Capital Limited. (formerly Mykco Limited). Share Purchase Plan The Share Purchase Plan (SPP) that was sent to shareholders on the 9th of November closes today. The results of this offer will be advised shortly. Placements We have advised the market we are seeking to make placements up to a total value of $1.75m @ 6.75cents per share. We will advise the market once this is completed. Please note that this price is the same price that the SPP shares are offered to shareholders. Warrants At the Special Meeting of Shareholders, held on 29 November 2018 it was agreed that every shareholder of General Capital on record date, 10 December 2018, will receive o One 2020 warrant per share they hold on the record date and o Two 2021 warrants per share they hold on record date. We enclose the offer documents for the 2018 Warrant Issue Please read this carefully and consider taking advice from a Qualified Advisor. General We are working hard to build and develop General Capital Limited. We are offering you opportunities to become more involved in the Group. I thank you for your support in the development of General Capital. Kind regards Brent King Managing Director End CA:00327797 For:GEN Type:OFFER Time:2018-12-04 08:31:08