IMDEX LIMITED — Capital/Financing Update 2015

Aug 20, 2015

216 Balcatta Road, Balcatta Western Australia 6021

PO Box 1262, Osborne Park Western Australia 6916

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Tel: +61 (0) 8 9445 4020 Fax: +61 (0) 8 9445 4042 imdex@imdexlimited.com

www.imdexlimited.com

ABN 78 008 947 813

Not for release or distribution in the United States

21 August 2015

Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2001

$28 million Placement

The Board of Imdex Limited ( Imdex , ASX:IMD) is pleased to announce a placement of 140 million new ordinary shares at an issue price of A$0.20 per share to qualified institutional and sophisticated investors to raise A$28 million (before issue costs) ( Placement ).

The Placement shares will be issued via two tranches:

• Tranche 1 – unconditional placement of 32.4 million shares issued under the Company’s existing placement capacity pursuant to ASX Listing Rule 7.1 (to raise approximately A$6.5 million); and

• Tranche 2 – conditional placement of 107.6 million shares (to raise approximately A$21.5 million), subject to shareholder approval at a General Meeting of the Company’s shareholders, expected to be held on Thursday, 24 September 2015. A Notice of Meeting will be dispatched to all shareholders shortly.

The funds raised via the Placement will be applied towards reducing debt and working capital.

Commenting on the announcement, Managing Director, Bernie Ridgeway said: “We are pleased with the support for the Placement. This capital raising re-sets Imdex and places the company in a strong position to pursue its strategy. We thank our existing shareholders for their strong support and welcome a number of new, high quality institutions to the Imdex register.”

"In addition to the Placement, Imdex is undertaking a Share Purchase Plan ( SPP ) in order to provide all shareholders with the opportunity to participate in the capital raising. The current Directors will apply for the full amount available to each of them as shareholders under the SPP."

The Company proposes to offer eligible shareholders as at 7pm (Sydney time) on Thursday, 20 August 2015 with registered addresses in Australia and New Zealand the opportunity to subscribe for up to A$15,000 of shares under a SPP. The issue price under the SPP is A$0.20 per share, the same price as the Placement price, and it will be capped at A$7 million.

Further details on the SPP will be released to ASX and distributed to eligible shareholders.

Euroz Securities Limited acted as sole lead manager to the Placement.

Yours faithfully Imdex Limited

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Paul Evans

Company Secretary

This announcement has been prepared for publication in Australia and may not be released or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration of the US Securities Act and applicable US state securities laws.

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