CONNEXION MOBILITY LTD — Capital/Financing Update 2017

Dec 11, 2017

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11 December 2017

Dear Shareholder,

Connexion Media Limited - Non-Renounceable Entitlement Issue

On the 8[th] of December 2017, Connexion Media Limited ( Company ) announced a nonrenounceable pro rata entitlement issue ( Entitlement Issue ) of one fully paid ordinary share ( New Share ) for each six fully paid ordinary shares held as at the record date to eligible shareholders.

Pursuant to the Entitlement Issue, the Company may issue approximately 119,599,456 New Shares at an issue price of $0.01 each, to raise a maximum of approximately $1,195,995 (before expenses of the issue).

The Company expects the Entitlement Issue to be conducted in accordance with the following timetable:

“Ex” Date 13 December 2017 Record Date to determine entitlement to New Shares 14 December 2017 Send prospectus and serially numbered entitlement and 15 December 2017 acceptance forms to persons entitled Offer opens for receipt of applications 18 December 2017 Closing Date for applications and payment in full 19 January 2018 New Shares quoted on a deferred settlement basis 22 January 2018 Despatch date of holding statements, New Shares entered into the 29 January 2018 holders’ security holdings Trading commences for New Shares on a normal basis 29 January 2018

The above dates are indicative only. The Company reserves the right to vary the above dates, subject to ASX Listing Rules and the Corporations Act.

The New Shares issued pursuant to the Entitlement Issue will rank equally with existing fully paid ordinary shares in the Company. Eligible Shareholders will receive a copy of the prospectus and must complete the Application Form accompanying the prospectus to take up their entitlements. Eligible Shareholders may also apply for additional shares in excess of their entitlement.

Level 1, 11-19 Bank Place, Melbourne Victoria, 3000 www.connexionltd.com

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A table setting out the capital structure of the Company after completion of the Entitlement Issue is set out below:

Shares on issue at the date of the announcement of the	717,596,735
Entitlement Issue
New Shares issued pursuant to the Entitlement Issue	119,599,456
$0.25 Options expiring 1 January 2018	3,042,172
$0.25 Options expiring 7 July 2018	7,133,617

Should you have any questions regarding the Entitlement Issue you may contact the Company on 03 8640 0779 or consult your stockbroker or professional adviser. A copy of the prospectus may be viewed on the ASX Limited website at www.asx.com.au.

We look forward to your participation in the Entitlement Issue.

Yours sincerely

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Peter Torre Company Secretary

Connexion Medial Limited

Level 1, 11-19 Bank Place, Melbourne Victoria, 3000 www.connexionltd.com