EMU NL — Capital/Financing Update 2019

May 2, 2019

==> picture [596 x 128] intentionally omitted <==

----- Start of picture text ----- Emu NLCleansing Notice3 May 2019----- End of picture text -----

Section 708A(5)(e) Cleansing Notice

Emu NL ( Company ) has issued 4,317,885 fully paid ordinary shares as described in the Appendix 3B announced on 1 May ( Securities ).

Subject to the foregoing and to the extent applicable, the Company hereby notifies ASX under paragraph 708A(5)(e) of the Corporations Act 2001 ( Act ) that:

• (a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at the date of this notice there is no information (‘excluded information ’ ):

  • i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • B. the rights and liabilities attaching to the Securities.

- ENDS -

Page 1 of 1

ASX: EMU – Released 3 May 2019