First Graphene Ltd. — Major Shareholding Notification 2014

May 22, 2014

603 GUIDE page 1/2 22[nd] May 2014

Form 603 Corporations Act 2001 Section 671B

Notice of initial substantial holder

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Form 603Corporations Act 2001Section 671BNotice of initial substantial holder
To:Company Name/SchemeMRL Corporation LimitedACN/ARSN007 870 7601. Details of substantial holder (1)NameMr Jason PetersonACN/ARSN (if applicable)n/aThe holder became a substantial holder on15/May/20142. Details of voting powerThe total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had arelevant interest (3) in on the date the substantial holder became a substantial holder are as follows:Class of securities(4)Number of securitiesPerson’s votes(5)Voting power(6)Ordinaryfully paid(O.F.P.)14,310,63314,310,6339.78%3. Details of relevant interestsThe nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holderare as follows:Holder of relevant interestNature of relevant interest(7)Class and number ofMr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>4,715,000Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>3,558,450Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>833,333Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>720,000Professional Payment Services Pty LtdProfessional Payment Services Pty Ltd1,800,000Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>40,500CPS Capital Group Pty LtdCPS Capital Group Pty Ltd2,643,3504. Details of present registered holdersThe persons registered as holders of the securities referred to in paragraph 3 above are as follows:Holders of relevantinterestRegistered holder ofSecuritiesPerson entitled to beregistered as a holder (8)Class andnumberof securitiesMr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>4,715,000Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>3,558,450Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>833,333Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>720,000Professional Payment Services Pty LtdProfessional Payment Services Pty LtdProfessional Payment Services Pty Ltd1,800,000Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>40,500CPS Capital Group Pty LtdCPS Capital Group Pty LtdCPS Capital Group Pty Ltd2,643,3505. ConsiderationThe consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s prior to the day that the substantial holder becamea substantial holder is as follows:
	To:Company Name/SchemeMRL Corporation LimitedACN/ARSN007 870 7601. Details of substantial holder (1)NameMr Jason PetersonACN/ARSN (if applicable)n/aThe holder became a substantial holder on15/May/20142. Details of voting powerThe total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had arelevant interest (3) in on the date the substantial holder became a substantial holder are as follows:Class of securities(4)Number of securitiesPerson’s votes(5)Voting power(6)Ordinaryfully paid(O.F.P.)14,310,63314,310,6339.78%3. Details of relevant interestsThe nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holderare as follows:Holder of relevant interestNature of relevant interest(7)Class and number ofMr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>4,715,000Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>3,558,450Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>833,333Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>720,000Professional Payment Services Pty LtdProfessional Payment Services Pty Ltd1,800,000Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>40,500CPS Capital Group Pty LtdCPS Capital Group Pty Ltd2,643,3504. Details of present registered holdersThe persons registered as holders of the securities referred to in paragraph 3 above are as follows:Holders of relevantinterestRegistered holder ofSecuritiesPerson entitled to beregistered as a holder (8)Class andnumberof securitiesMr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>Mr Jason Peterson & Mrs Lisa Peterson <J & LPeterson S/F A/C>4,715,000Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>Celtic Capital Pty Ltd <The Celtic Capital A/C>3,558,450Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>Celtic Capital Pte Ltd <Trading 1 A/C>833,333Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>720,000Professional Payment Services Pty LtdProfessional Payment Services Pty LtdProfessional Payment Services Pty Ltd1,800,000Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>Wicklow Capital Pty Ltd <The Tipperary A/C>40,500CPS Capital Group Pty LtdCPS Capital Group Pty LtdCPS Capital Group Pty Ltd2,643,3505. ConsiderationThe consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s prior to the day that the substantial holder becamea substantial holder is as follows:	mpany Name/Scheme	MRL		Corporation Limited
		RSN	007 8		70 760
		ils of substantial holder (1)	M		P
		RSN (if applicable)	r Ja		son eterson
			n/a
		der became a substantial holder o	n	1	5/May/2014
		l f ti
		s o vong poweral number of votes attached to all the votini 3 i h h il			g shares in the company or voting interestl il hl	s in the scheme that the substantial holdefll	r or an associate (2) had a

603 GUIDE page 2/2 22[nd] May 2014

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Mr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>	15thMay 2014	$79,275.00		4,715,000
Celtic Capital Pty Ltd <The Celtic Capital A/C>	15thMay 2014	$231,983.13		3,558,450
Celtic Capital Pte Ltd <Trading 1 A/C>	15thMay 2014	$74,500.00		833,333
Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>	15thMay 2014	$18,000.00		720,000
Professional Payment Services Pty Ltd	15thMay 2014	$132,500.00		1,800,000
Wicklow Capital Pty Ltd <The Tipperary A/C>	15thMay 2014	$3,600.00		40,500
CPS Capital Group Pty Ltd	15thMay 2014	$82,171.25		2,643,350

6. Associates

The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
Mr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>	Self/Trustee
Celtic Capital Pty Ltd <The Celtic Capital A/C>	Director
Celtic Capital Pte Ltd <Trading 1 A/C>	Director
Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>	Director
Professional Payment Services Pty Ltd	Director
Wicklow Capital Pty Ltd <The Tipperary A/C>	Director
CPS Capital Group Pty Ltd	Director

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Mr Jason Peterson & Mrs Lisa Peterson <J & L Peterson S/F A/C>	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Celtic Capital Pty Ltd <The Celtic Capital A/C>	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Celtic Capital Pte Ltd <Trading 1 A/C>	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Celtic Capital Pty Ltd <Celtic Capital No 2 A/C>	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Professional Payment Services Pty Ltd	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
Wicklow Capital Pty Ltd <The Tipperary A/C>	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831
CPS Capital Group Pty Ltd	C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831

Signature

I.M.O.R. and as Director & Trustee print name Mr Jason Peterson capacity sign here date 22 / May / 2014