MYECO GROUP LTD — Capital/Financing Update 2015

May 14, 2015

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED DATE: 15 May 2015

LETTER TO OVERSEAS SHAREHOLDERS

The attached letter will be dispatched today to SECOS Shareholders’ resident outside of Australia and New Zealand notifying them that Non-Renounceable Rights Issue Offer of SECOS does not constitute an Offer in any jurisdiction other than Australia and New Zealand and advising them as to why the Directors consider it unreasonable to make such an Offer.

Rekha Bhambhani Company Secretary

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15 May 2015

Dear Overseas Shareholder,

PARTICIPATION IN NON- RENOUNCEABLE RIGHTS ISSUE

On 15 May 2015, SECOS Group Limited (“SECOS” or “the Company”) announced a Non Renounceable Rights Issue (“Rights Issue”) pursuant to Information Booklet dated 15 May 2015 (“Information Booklet’).

The Rights Issue is a non-renounceable offer on the basis of one (1) new share for every six (6) shares held on the record date (being 7pm on 21 May 2015) at an issue price of $0.14 each.

The Rights Issue offer is being made to Shareholders with a registered address in Australia or New Zealand. The Company has determined, pursuant to Listing 7.7.1(a) of the Listing Rules of the Australian Securities Exchange (“Listing Rules”), that it would be unreasonable to make offers under the Information Booklet to all shareholders with addresses outside of Australia and New Zealand (“Ineligible Shareholders”), having regard to the small number of such Shareholders and the costs of complying with legal and regulatory requirements in each of those jurisdictions.

Accordingly, in compliance with Listing Rule 7.7.1(b), the Company wishes to advise you that it will not be extending the Rights Issue offer to Ineligible Shareholders.

You are not required to do anything in response to this letter.

Should you have any questions in relation to the above matters, please contact me on +61 (04) 11110901 or send email to Company Secretary at r.bhambhani@cardiabioplastics.com.

Yours faithfully,

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Richard Tegoni Chairman

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