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 OPTIONHOLDERS

Attached Notice will be sent today to SECOS Optionholders (Option Expiry- 30 June 2015) (ASX: SESOB) advising them of the non-renounceable rights issue undertaken by SECOS Group Limited and giving them opportunity to exercise their options if they wish to participate.

Rekha Bhambhani Company Secretary

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15 May 2015

Dear Option Holder,

PARTICIPATION IN NON-RENOUNCEABLE RIGHTS ISSUE

The Directors of SECOS Group Limited (“SES or ‘the Company”) advise that the Company is undertaking a non-renounceable Rights Issue to eligible shareholders on the basis of one (1) new share for every six (6) shares held at 7pm on 21 May 2015 (“Record Date”) at an issue price of $0.14 each.

Assuming none of the Company’s existing options are exercised 17,073,008 new ordinary shares will be offered and up to approximately $2.4 million will be raised.

The full terms and conditions of the Rights Issue are detailed in the Information Booklet which can be viewed on the ASX website at asx.com.au. A copy of the Information Booklet will be sent to each eligible shareholder.

The terms and conditions of the options you currently hold do not entitle you to participate in the above non Renounceable Rights Issue.

To participate in the non-renounceable Rights Issue, you must exercise your options in time for the new shares to be allotted prior to the Record date of 7 pm on 21 May 2015.

To assist you in making that decision the highest and lowest closing prices for SECOS’s fully paid ordinary shares on the ASX during the last 3 months were $0.22 and $0.15 respectively and for the options $0.10 (post consolidation) being the both lowest and highest price.

The Closing prices of SECOS’s fully paid ordinary shares and options on Thursday 14 May 2015 were $0.20 and nil respectively.

Exercise price per option is $1.50.

Notice of Exercise of Options form can be obtained from Advancedshare Registry by contacting them on (08) 93898033.

If you are in doubt as to the action you should take in relation to this notice, you should consult with your professional adviser for advice immediately.

If you do not wish to participate in the Rights Issue (in respect of your existing options), you do not need to take any action.

Should you have any questions in relation to the above matters, please contact our share registry on (08) 93898033.

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Richard Tegoni Chairman

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