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MYECO GROUP LTD Capital/Financing Update 2009

May 13, 2009

65304_rns_2009-05-13_3fbcae99-9483-408d-b64f-f6115d2811dc.pdf

Capital/Financing Update

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MARKET RELEASE

14 May 2009

Cardia Technologies Limited

TRADING HALT

The securities of Cardia Technologies Limited (the “Company”) will be placed in preopen at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday, 18 May 2009 or when the announcement is released to the market.

Security Code: CNN CNNO

Patrick O'Connor Issuers Advisor

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CNN2009.05.14TH ‐ poc

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ACN 064 755 237

14 May 2009

M/s Frances Finucan Senior Adviser Issuers (Brisbane) ASX Markets Supervision P/L Level 5 Riverside Centre 123 Eagle Street Brisbane QLD 4000

Email: [email protected]

REQUEST FOR TRADING HALT

Dear Frances

Cardia Technologies Limited (“the Company”) (ASX Code: CNN) hereby requests a trading halt of its ordinary shares and options quoted on ASX Limited pending an announcement to be made by the Company regarding a placement of new ordinary shares.

A formal announcement will be made within two days of the granting of the trading halt in accordance with the ASX Market Rules.

Pursuant to Listing Rule 17.1, the Company is not aware of any reason why the trading halt should not be granted.

Yours faithfully,

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Patrick Volpe Chairman

CARDIA TECHNOLOGIES LTD

REGISTERED OFFICE Suite 510 Level 5 Pacific Tower 737-741 Burwood Road Hawthorn Victoria 3122 Australia Telephone +61 3 9813 3228 Facsimile +61 3 9813 2668 Email: [email protected]