DE.MEM LIMITED — Capital/Financing Update 2017

Oct 30, 2017

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ASX RELEASE | De.mem Limited (ASX:DEM)

De.mem Wins New Contract Worth A$250,000

Highlights

• De.mem secures new contract from municipality in Queensland, Australia

• Project awarded has a total value of approximately A$250,000

• Contract covers the delivery of re-chlorination systems for a municipal drink water reservoir

• De.mem has secured contracts totalling over A$1 million in the last three months and is well positioned for growth in key growth markets including Australia, Singapore, Malaysia and China

31 October 2017: Water and waste water treatment company De.mem (ASX:DEM) (“De.mem” or “the Company”) is pleased to announce that it has secured a contract worth approximiately A$250,000 from Maranoa Regional Council, Queensland. The project has been awarded to the company’s 100% owned subsidiary Akwa-Worx Pty Ltd, Caboolture, Queensland, Australia.

De.mem’s scope of work includes the delivery and installation of re-chlorination systems for a municipal drinking water reservoir. The project starts immediately with implementation planned to be completed prior to year-end.

The contract award brings the total contracts awarded in the last three months to approximately A$1.05 million. De.mem secured an A$500,000 contract to sell a water treatment plant in Vietnam in August 2017 and $A300,000 of new contracts in Queensland following its Akwa-Worx acquisition in September 2017.

These contracts further reinforce the significant progress that the Company has made since listing on the Australian Securities Exchange (ASX) in April 2017.

The Company is continuing to pursue a number of opportunities in its key growth markets including Australia, Singapore, Malaysia and China.

Andreas Kroell, Chief Executive Officer of De.mem: “We are delighted with the momentum we have gathered in the last three months. Winning these contracts further positions De.mem for growth and provides the opportunity to rollout of our innovative nanofiltration membrane technology. Through our acquisition of Akwa-Worx we have increased De.mem’s presence in Australia and we are excited about the Company's continued expansion.”

Ends

For further information, please contact:

De.mem Limited Corporate Enquiries Media Enquires Andreas Kroell Shane Wee Julia Maguire CEO Director Director De.mem Limited Alto Capital The Capital Network investor@demem.com.sg shane@altocapital.com.au julia@thecapitalnetwork.com.au +61 419 815 386

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About De.mem Limited

De.mem Limited (ASX:DEM) is a Singaporean-Australian decentralised water and waste-water treatment business that designs, builds, owns and operates water and waste water treatment systems for its clients. De.mem operates in the industrial segment providing systems and solutions to customers from the mining, electronics, chemicals, oil & gas and the food & beverage industries and in the municipal and residential segments. De.mem has licensed proprietary technologies from its partner in research & development Singapore’s Nanyang Technological University (NTU), including an exclusive worldwide license for a revolutionary lowpressure hollow fibre nanofiltration membrane. Through its wholly owned water and waste water treatment original equipment manufacturing (OEM) subsidiary Akwa-Worx Pty Ltd, De.mem has a strong presence in Australia. Akwa-Worx has a market reputation for building high quality Australian designed and manufactured products and has long-term customers in the Australian mining industry. To learn more please visit: www.demembranes.com

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