INFOCUS GROUP HOLDINGS LIMITED — Capital/Financing Update 2015

May 24, 2015

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ABN 80 096 870 978

Suite 9, 330 Churchill Avenue, Subiaco, Western Australia 6008 PO Box 866, Subiaco, Western Australia 6904 T +61 8 6489 1600 F +61 8 6489 1601

25 May 2015

Manager Announcements Company Announcements Platform ASX Limited Level 4, 20 Bridge Street SYDNEY NSW 2000

UPDATE ON LOI WITH NOOR ENERGY CORPORATION

As announced in August 2014, VTX Holdings Limited (ASX: VTX, “VTX” or the “Company”) executed a Letter of Intent (“LOI”) with Noor Energy Corporation (“Noor”) for Noor to be granted an exclusive option to acquire all of the assets and intellectual property of the ShieldLiner System (the “Acquisition”). The Acquisition was to be made by way of a plan of arrangement between the companies and result in the Canadian registered Holding Company (“Holding Company”) of the ShieldLiner System becoming listed on the Canadian Securities Exchange (“CSE”).

VTX has been informed by Noor that challenging market conditions in the sector have made the proposed Acquisition difficult to complete and as such unlikely to occur prior to the end date of the LOI of 30 June 2015.

If the Acquisition does not complete by the end date, the LOI will terminate automatically. In that event, VTX will continue to explore alternative ways to commercialise the ShieldLiner System.

Further, the Company confirms that it is continuing to review new opportunities for potential acquisition to add shareholder value and will keep the market updated with any developments in this regard.

By Order of the Board

For further information contact:

Loren Jones Company Secretary Tel: (+61 8) 6489 1600