MYECO GROUP LTD — Capital/Financing Update 2016

Jun 20, 2016

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED

DATE: 21 June 2016

COMPLETION OF DISPOSAL OF EQUITY INTEREST IN AKRONN JOINT VENTURE

SECOS Group Limited is pleased to announce the completion of the disposal of its 50.8% equity interest in Akronn Industries Sdn Bhd to Itasa Servicios Generales SL and receipt of the first tranche (50%) of cash consideration.

Further details of the transaction are set out in the Company’s ASX announcement dated 3 June 2016.

Richard Tegoni Chairman

About SECOS

SECOS Group Limited (ASX CODE: SES) is a global leader in sustainable packaging through the manufacture of proprietary high quality films and patented renewable resource-based sustainable and compostable packaging products. SECOS holds a strong patent portfolio and its sales growth is fueled by the global trend towards sustainable packaging. SECOS is headquartered in Melbourne, Australia and has manufacturing facilities in Melbourne, Nanjing, China and Kuala Lumpur, Malaysia. SECOS sells its products globally and has sales offices in Australia, Malaysia, China, USA and a network of leading distributors across the Americas, Asia and Europe.

Visit www.cardiabioplastics.com, www.cardiabioproducts.com and www.stellarfilmsgroup.com