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ION VIDEO LTD Capital/Financing Update 2018

May 1, 2018

65133_rns_2018-05-01_1e6bbf71-1bbb-446c-8d96-d6617d634b05.pdf

Capital/Financing Update

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www.linius.com (ASX: LNU)

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ASX Announcement

2 May 2018

RELEASE OF RESTRICTED SECURITIES FROM ESCROW

In accordance with ASX listing rule 3.10A, Linius Technologies Limited (ASX:LNU) advises that the following securities will be released from escrow:

Release date: 9 May 2018.

Class of securities: Ordinary shares fully paid Number of securities: 385,202,269

Application for quotation of these ordinary shares will be made to ASX within 10 business days from release date.

Class of securities: Options expiring 31 March 2019 and exercisable at 5 cents per share. Number of securities: 61,500,000

These options are unlisted securities.

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Stephen Kerr Company Secretary

LINIUS TECHNOLOGIES LIMITED ACN 149 796 332 Level 40, 140 William Street, Melbourne, Victoria, 3000 Tel +61 3 9607 8234 www.linius.com