BABYLON PUMP & POWER LIMITED — Capital/Financing Update 2018

Jan 7, 2018

==> picture [128 x 28] intentionally omitted <==

==> picture [128 x 28] intentionally omitted <==

2 January 2018

ASX Release

Capital Structure Confirmation

The Directors of Babylon Pump & Power Limited , previously “IM Medical Limited”, (“BPP or the Company) are pleased to announce that, following completion of the Offers and the acquisition of Babylon, the capital structure of the Company is as follows:

Capital Structure	Number
Shares on issue as at the date of this Prospectus	91,344,632
Shares to be issued under the Offer	224,875,000
Shares to be issued to the Babylon Vendors under the Acquisition	55,750,000
Total Shares on issue on completion of the Offer and the Acquisition(undiluted)	371,969,632
Options on issue as at the date of this Prospectus	49,665,165
Options to be issued under the Offer	112,437,501
Options to be issued to Sub‐Underwriters	100,000,000
Options to be issued to the Babylon Vendors under the Acquisition	27,875,000
Total Options on issue on completion of the Offer and theAcquisition	289,977,666
Existing Performance Rights on issue	Nil
Performance Rights to be issued to incoming Senior Management,including Proposed Directors, Michael Shelby and Patrick Maingard	40,000,000

Michael Kenyon Company Secretary

Babylon Pump & Power Limited ACN 009 436 908 74 Harrison Road, Forrestfield WA 6058 PO Box 31, Como WA 6952

(08) 9454 6309

www.babylonoperations.com