MYECO GROUP LTD — Capital/Financing Update 2015

Jun 1, 2015

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED DATE: 2 June 2015

OPTION EXPIRY NOTICE

SECOS Group Limited (“SECOS”) advises that an Option Expiry Notice has been sent to all Listed Option Holders in relation to the expiry of the Listed Options (ASX Code : SESOB) on 30 June 2015.

Listed Options not exercised by 5.00 pm AEST on 30 June 2015 will automatically expire.

A copy of the Option Expiry Notice sent to Optionholders is attached.

Rekha Bhambhani Company Secretary

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2 June 2015

Dear Option holder

NOTICE TO OPTION HOLDERS

We write to you as a registered holder of the above number of options (SESOB) as at today’s date. These options entitle you to acquire ordinary fully paid shares in SECOS Group Limited.

You are formally advised that these options will expire at 5.00 pm AEST on 30 June 2015.

Each option exercised, entitles you to acquire one ordinary fully paid share and the exercise price is $1.50 per option.

Options may be exercised wholly or in part by completing the exercise of options form and payment of $1.50 for each option exercised, by no later than 30 June 2015. If the “ Application for Shares upon exercise of Options” form and payment is not received by 5.00 pm AEST on 30 June 2015 the options will not be exercised and will result in the forfeiture of any rights that you as an optionholder may have in relation to ordinary shares.

Pursuant to Listing Rule 6.24, Appendix 6A of the Australian Securities Exchange Limited (ASX), the Company provides the information contained in this notice.

Market Sale Price of Quoted Securities

• The market sale price of ordinary fully paid shares in SECOS Group Limited on the ASX was $0.22 on 1 June 2015, being the last trading day prior to the date of this notice.

During the three months preceding the date of this notice:

• the highest market price of ordinary fully paid shares in SECOS Group Limited on the ASX was $0.22 (on post consolidation basis) ; and

• the lowest market price of ordinary fully paid shares in SECOS Group Limited on the ASX was $0.10 (on post consolidation basis).

• The market sale price of quoted SECOS Options (SESOB- Expiry 30 June 2015) on the ASX was NIL on 1 June 2015, being the last trading day prior to the date of this notice.

During the three months preceding the date of this notice, there have been no market trades on the ASX for SECOS Options (SESOB).

Last Date of Quotation on ASX

Last date of quotation of the options on ASX will be Tuesday, 23 June 2015.

A “Notice of Exercise of Options and Applications for Shares” form is enclosed for your completion.

How to Exercise your Options

Please complete the enclosed “Applications for Shares upon exercise of Options” form and then forward it together with your cheque, to be received by 5.00pm AEST on 30 June 2015 to:

Advanced Share Registry Limited PO Box 1156 NEDLANDS WA 6909 Telephone: (08) 93898033 Facsimile: (08) 92623723

Payments must be in Australian Dollars only, and cheques should be made payable to SECOS Group Limited and crossed “Not Negotiable” and drawn on an Australian bank.

Yours Sincerely,

Richard Tegoni Chairman

1

SESOB

SECOS GROUP LTD ACN 064 755 237 INCORPORATED IN VICTORIA

APPLICATION FOR SHARES UPON EXERCISE OF OPTIONS

I/We _________________________________________________________________________________________________

Securityholder Reference Number (S.R.N) / Holder Identification Number (H.I.N) __________________________

Contact Telephone Number __________________________

The registered holder(s) of the Options hereby exercise my/our Option for: ___________ __________________________________________

In figures In words

Ordinary Fully Paid Shares and enclose application money of $1.50 per share $............………..............................……………………………………...

(amount payable on exercise)

I/We whose full name(s) and address(es) appear above hereby apply for the number of Shares shown above. I/We agree to be bound by the Constitution of the Company.

I/We whose full name(s) and address(es) appearConstitution of the Company.	above hereby apply for the number of Shares shown above. I/We agree to be bound by the
Signature Of Shareholder(s)(All joint holders must sign)----------------------------------------------------Signature Date--------------------------------------------------- Signature Date---------------------------------------------------- Signature Date	**Companies Only -**Executed in accordance with the Company’s Constitution and theCorporations Act.----------------------------------------------------------------------Sole Director and Sole Secretary ------------------------------------------------- Date---------------------------------------------------Director Date------------------------------------------------- Secretary Date---------------------------------------------------Director DateDirector Date
Note: If signed under Power of Attorney, a Certified Copy of the relevant Power of Attorney document must be exhibited to the Registry.The Attorneydeclares that he/she has had no notice of revocation of the Power of Attorney.

TERMS AND CONDITIONS OF OPTIONS

• (a) Each Option entitles the holder to, subject to any Shareholder approval under item 7 of section 611 of the Corporations Act (if required), subscribe for 1 Share in the Company at the exercise price of $1.50

• (b) Each Option will expire at 5.00pm AEST on 30 June 2015 (Option Expiry Date).

• (c) Each Share allotted as a result of the exercise of an Option will rank in all respects pari passu with the existing Shares in the Company on issue at the date of allotment.

• (d) Options do not have any voting rights at general meetings of the Company.

• (e) Subject to the Constitution of the Company and the Corporations Act, the Options will be freely transferable and it is intended that application will be made to ASX for Quotation of the Options.

• (f) An Optionholder may exercise Options at any time prior to Option Expiry Date by submitting the relevant Option exercise form to the Company’s Share Registry. Forms for exercising Options are available from the Company’s share registry or by contacting the Company directly.

• (g) Options issued by the Company do not entitle the Optionholder to participate in new issues by the Company.

• (h) In the event of any reconstruction (including a consolidation, sub-division, reduction or return) of the issued capital of the Company, all rights of holders of Options will be changed to the extent necessary to comply with the ASX Listing Rules at the time of the reorganisation.

Cheques should be made payable to SECOS GROUP LTD and crossed “Not Negotiable” and drawn on an Australian Bank and posted to Advanced Share Registry Limited, PO Box 1156, Nedlands, Western Australia 6909.

NOTE: OPTIONS NOT EXERCISED BY 5.00 PM AEST 30 JUNE 2015 WILL AUTOMATICALLY EXPIRE.