HAZER GROUP LIMITED — Capital/Financing Update 2016

May 10, 2016

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ASX RELEASE

RELEASE OF RESTRICTED SECURITIES FROM ESCROW

PERTH, AUSTRALIA; 11 MAY 2016: In connection with the quotation of Hazer Group Limited’s fully paid ordinary shares on the ASX on 2nd December 2015, certain security holders were required to enter into ASX imposed restriction agreements. These agreements restricted the relevant security holder from dealing in their securities for a range of periods set by the ASX, up to 24 months from the date of official quotation.

In accordance with Listing Rule 3.10A, the Company advises that 200,00 fully paid ordinary shares in the Company are due to be released from escrow on 25[th] May 2016, being 12 months from the date of issue of these securities.

Application for quotation of 200,000 fully paid ordinary shares will be made following their release from restriction.

Thereafter, the following securities will remain subject to ASX restrictions with the restriction periods outlined below:

periods outlined below:
Security	Release Date	Number
Total Restricted Ordinary Shares	2ndDecember 2017	10,219,837
Series A Unlisted Options	2ndDecember 2017	11,350,000
Series C Unlisted Options	2ndDecember 2017	4,850,000
Series D Unlisted Options	2ndDecember 2017	4,850,000
SeriesEUnlisted Options	2ndDecember 2017	10,000,000
Total Restricted Unlisted Options		31,050,000

For further information, please contact

Emma Waldon, Company Secretary, Hazer Group Limited

Email: ewaldon@hazergroup.com.au

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About Hazer Group Limited

Hazer Group Limited (“Hazer” or “The Company”) is an early stage technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process. The Hazer Process was developed by researchers at The University of Western Australia (UWA) over several years, before the intellectual property rights were assigned to the Company for further commercial development.

The Hazer Process enables the effective conversion of natural gas, and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst. The aim of the Hazer Process will be to achieve savings for hydrogen producers, as well as providing 'clean' hydrogen (i.e. with significant lower production of carbon dioxide emissions), enabling such hydrogen to be used in a range of developing 'clean energy' applications, as well as in large existing chemical processing industries. The graphite produced by the Hazer Process is high purity (>90%wt), highly crystalline 'synthetic' graphite as is generally used in batteries and other high value graphite applications.

Hazer Group Limited - Social Media Policy

Hazer Group Limited is committed to communicating with the investment community through all available channels. Whilst ASX remains the prime channel for market sensitive news, investors and other interested parties are encouraged to follow Hazer on Twitter (@hazergroupltd), LinkedIn, Google+ and Youtube.

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