MYECO GROUP LTD — Capital/Financing Update 2012

Jun 13, 2012

==> picture [190 x 120] intentionally omitted <==

TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED DATE: 14 June 2012

RIGHTS ISSUE SHORTFALL

The Directors of Cardia Bioplastics Limited advise that the shortfall of approximately $800,000 from the recent rights issue has not been placed within the time limit of 3 months, which expired on 13 June 2012.

Rekha Company Company Secretary

==> picture [511 x 44] intentionally omitted <==