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BABYLON PUMP & POWER LIMITED Capital/Financing Update 2015

May 27, 2015

64557_rns_2015-05-27_4bf623a8-ffe9-4e50-85dd-5dac8e599afa.pdf

Capital/Financing Update

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MARKET RELEASE

28 May 2015

IM Medical Limited

TRADING HALT

The securities of IM Medical Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 1 June 2015 or when the announcement is released to the market.

Security Code: IMI

James Gerraty

Manager, Listings Compliance (Melbourne)

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May 28, 2015

Attention James Gerraty. Listings Compliance (Melbourne) ASX Compliance Pty Ltd Level 4 North Tower Rialto 525 Collins Street Melbourne VIC 3000

By email: [email protected]

Dear James,

**Trading

Halt Request**

IM Medical Limited (ASX: IMI, IMIO) request that you grant a trading halt on the entity’s securities and in accordance with ASX Listing Rule 17.1 the following information is provided.

The Company is finalising arrangements for an announcement regarding a capital raising for working capital purposes.

The Company further requests that the trading halt be granted for the maximum allowable period permissible under ASX’s market rules.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely Richard Wadley Director

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