MYECO GROUP LTD — Capital/Financing Update 2013

May 16, 2013

==> picture [104 x 96] intentionally omitted <==

MARKET RELEASE

17 May 2013

Cardia Bioplastics Limited

TRADING HALT

The securities of Cardia Bioplastics Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of commencement of normal trading on Tuesday, 21 May 2013, or when the announcement is released to the market.

Security Code: CNN

Shannon Hong Adviser, Listings Compliance

Page 1 of 1

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

17 May 2013

Shannon Hong, Adviser, Listings ASX Compliance Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Shannon,

REQUEST FOR TRADING HALT

Security Code: CNN CNNOA

Cardia Bioplastics Limited (“the Company”), pursuant to ASX Listing Rule 17.1, requests that an immediate trading halt be placed on its securities.

1. The Company seeks a trading halt pending an announcement to the market regarding a capital raising to be undertaken by the Company, and wishes to maintain an orderly market in our securities.

2. The Company anticipates a detailed announcement before the commencement of trading on Tuesday 21 May 2013.The Company requests that its securities to remain in the trading halt until that announcement is made.

3. The Company is not aware of any reason why the trading halt should not be granted.

Please advise if there is any further information you require.

Yours sincerely,

==> picture [68 x 53] intentionally omitted <==

Rekha Bhambhani Company Secretary

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