IODM LIMITED — Share Issue/Capital Change 2018

May 29, 2018

ASX Release 30 May 2018

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Release of Securities from ASX Restriction – 24 Month Escrow

IODM Limited (ASX: IOD; “the Company”) advises that in accordance with ASX Listing Rule 3.10A the following securities will be released from escrow on the following date:

SecurityDescription	Release Date	Number
Ordinaryfully paid shares	8 July2018	82,402,784
Options with an exercise price of $0.04expiring31 March 2019	8 July 2018	12,000,000
Performance Shares	8 July2018	24,570,000

The Company will apply for quotation of these securities as required by ASX Listing Rule 2.8.2. The Company notes that none of the Performance Shares have been converted into Ordinary shares.

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Investor inquiries: Mark Reilly 0418 921 993 Mark.reilly@iodm.com.au

Level 5 W www.iodm.com.au 22 Albert Road E investor@iodm.com.au South Melbourne T +61 3 8396 5890 VIC 3205 F +61 8 9227 6390