JATCORP LIMITED — Capital/Financing Update 2018

Nov 7, 2018

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JATENERGY LIMITED ABN 31 122 826 242

ASX CODE: JAT

AUSTRALIAN REGISTERED OFFICE

ASX ANNOUNCEMENT

8[th] November 2018

Memorandum for Purchase with Shanghai Dragon Corporation

Office B, Suite C303, 521 Toorak Road TOORAK VIC 3142 AUSTRALIA

CONTACT DETAILS Telephone +61 488 248 138 Email admin@jatenergy.com Web www.jatenergy.com

Orient International (Holding) Co., Ltd. hosted a signing ceremony for Strategic Cooperation Agreements between Chinese buyers and companies from Britain, Thailand, Japan, Canada, Hong Kong, Sweden, Denmark, Greece, Uzbekistan, Austria, New Zealand and Australia.

JAT was the sole Australian company to participate, signing a Memorandum for Purchase with Shanghai Dragon Corporation (SDC).

Under the Memorandum, SDC intends to import and distribute USD$5 million of JAT food products during calendar year 2019, including:

• Golden Koala infant formulas and milk powders,

• NEURIO Formulated Milk Powder With Lactoferrin, and other Neurio products,

• Cobbitty Country products.

SDC is a large, state controlled, publicly listed business with;

• over 40 years of international trading history,

• strong state support,

• sales in excess of AUD 1 billion (equivalent) per annum,

• over 2,100 employees,

• extensive logistics and warehousing infrastructure,

• over 4,000 retail outlets.

The memorandum does not include any conditions precedent or specific termination provisions.

“JAT was proud to be the only Australian company at the signing ceremony,” Executive Director Wilton Yao said. “We were of course also delighted to sign Shanghai Dragon Corporation to distribute a range of JAT in-house brands, further cementing a strong relationship between the two businesses.”

Wilton Yao Executive Director

www.jatenergy.com