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BABYLON PUMP & POWER LIMITED Capital/Financing Update 2015

Aug 12, 2015

64557_rns_2015-08-12_82973a0a-f433-4f8f-ab36-dd5aa7fe6cba.pdf

Capital/Financing Update

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13 August 2015

ASX Release

Top Up Placement

IM Medical Limited (ASX: IMI, IMIO) (“IMI” or “the Company”) advises that shareholder approval was obtained on 14 July 2015 for a Top-up Placement of shares and options to be completed within three months of the Shareholder meeting. The partial completion of the Top-up Placement was announced by the Company on 22 July 2015. A further 117,740,980 shares and 29,435,245 free attaching options are available to be issued under the Top-up Placement at 0.1 cents per share.

The Company has resolved to extend the offer period of the Top Up Placement to align the timeframe for the issue of the balance of the Top-up Placement securities under the Prospectus dated 11 June 2015 and the Supplementary Prospectus dated 24 June 2015 with the shareholder approval noted above and intends to lodge a Supplementary Prospectus in the near future in respect of the same.

For and on behalf of the IMI Board

Richard Wadley Director

Enquiries

Any enquiries should be directed to: Richard Wadley Tel: 0412 376 897

IM Medical Limited T 03 9607 8280 Level 40 F 03 9607 8285 140 William St. Melbourne VIC 3000 Aust E [email protected] ACN 009 436 908 W immedical.com.au