MYECO GROUP LTD — Share Issue/Capital Change 2014

Aug 21, 2014

ASX CODE : CNN

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED

DATE: 22 August 2014

SHARE SALE FACILITY OF LESS THAN MARKETABLE PARCELS

Cardia Bioplastics Limited (ASX: CNN) (“Cardia” or “the Company”) would like to advise that it will be implementing a share sale facility of fully paid ordinary shares for shareholders who hold less than a Marketable Parcel of shares in the Company (Share Sale Facility). Under ASX Listing Rules, any shareholding at less than $500 is considered to be less than a Marketable Parcel.

The sale of holdings that are less than a Marketable Parcel is permitted under ASX Listing Rule 15.13 and Clause 2.10 of Cardia’s Constitution. Cardia has initiated the share sale facility to enable shareholders holding less than a Marketable Parcel to have their shares sold without paying brokerage. Cardia will organize payment of all the transaction costs of sale for those shareholders who take advantage of the Share Sale Facility (although any tax consequences from the sale will be the shareholder’s responsibility).

The Record Date for purpose of establishing holders of less than Marketable Parcels is the close of trade on 21 August 2014 . The closing price of the Company’s shares on the Record Date was $0.003 (0.3 cents) and on that basis less than a Marketable Parcel is 166,666 shares.

Approximately 1968 or 70.38% of the Company’s shareholders hold less than Marketable Parcels making up only approximately 2.47% of the Company’s fully paid ordinary shares on issue. By facilitating the sale of less than marketable parcels, the Company expects to reduce the administrative costs associated with maintaining a large number of small shareholdings.

A letter outlining the procedures of the Share Sale Facility will be mailed to eligible shareholders on 3 September 2014 and you do not need to do anything until you receive these details.

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Below is an indicative timetable for the sale of the less than Marketable Parcels:

Record Date to determine less than
marketableparcels	Thursday,21 August 2014
ShareSale Facility Opens	Wednesday, 3 September 2014
Share SaleFacility Closes	Thursday,16 October 2014
Selling of less than marketable parcels	As soon as practicable after 16 October
commences	2014
ExpectedDatefor Payment	10 business days afterthelast sale

Richard Tegoni Chairman