EDEN INNOVATIONS LTD — Capital/Financing Update 2013

Jun 13, 2013

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A.C.N. 109 200 900

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

14 June 2013

PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

Eden Energy Ltd ( Eden ) is undertaking a non-renouncable pro-rata rights offer to Eden's shareholders to raise up to (if fully subscribed) approximately $1,041,281 (the Offer ). The Offer is open to all Eden shareholders who are on the register as at 5.00pm WST on 5 July 2013 (the Record Date ) and who have a registered address in Australia or New Zealand. Under the Offer, Eden will make an offer to all eligible shareholders of one (1) fully paid ordinary Eden share for every six (6) fully paid ordinary Eden shares held as at the Record Date, at a price of $0.01 per share.

The anticipated Timetable for the Offer is as follows:

Offer announcement	14 June 2013
Lodgement of offer document, cleansing notice and Appendix 3B with ASX	26 June 2013
Notice sent to shareholders	28 June 2013
Ex date	1 July 2013
Record Date for determining entitlements	5 July 2013
Offer document despatched to eligible shareholders	9 July 2013
Closing date of the Offer	24 July 2013
Securities quoted on a deferred settlement basis	25 July 2013
Company notifies ASX of under subscriptions	29 July 2013
Despatch of holding statements	31 July 2013

Eden’s major shareholder, Noble Energy Pty Ltd (with 47.925% interest) and Eden’s directors have all indicated that they intend to take up all (or substantially all) of their entitlements under this rights issue.

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Gregory H Solomon Chairman

Level 15, 197 St Georges Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: mailroom@edenenergy.com.au