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ORCODA LIMITED Capital/Financing Update 2017

Nov 23, 2017

65482_rns_2017-11-23_a653f7d5-5ad6-4ce9-b976-36a30b8e47d3.pdf

Capital/Financing Update

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Share Sale Agreement Signed

SmartTrans Holdings Limited ASX: SMA An Australian based Technology Solutions Company

Directors:

Mr Mark Vaile AO Non‐Executive Chairman

Mr Brendan Mason Managing Director

24 November 2017: SmartTrans Holdings Limited (ASX: SMA) ( SmartTrans or the Company ) is pleased to announce that it has entered into a formal share sale agreement with the shareholders of Resource Connect Holdings Pty Ltd and iCuro Pty Ltd, in connection with the acquisition previously announced on 16 October 2017 and 23 October 2017 (Acquisition).

Further details in relation to the Acquisition are set out in the Company’s notice of annual general meeting released on 14 November 2017 and also in slide presentation pack released to the ASX in a separate announcement today. The Acquisition remains subject to several conditions precedent including receipt of SmartTrans’ shareholder approval, receipt of any necessary third‐party consents, execution of services agreements with proposed senior management, and completion of a $5 million capital raising by the Company.

– ENDS –

Mr Bryan Carr Non‐Executive Director

Mr Yui (Ian) Tang Non‐Executive Director

Ms Tracy Colgan Non‐Executive Director

Mr Mark Ziirsen Non‐Executive Director

Melbourne Office: Level 7, 10 Queens Road Melbourne VIC 3004 Australia

Further information, please contact: About SmartTrans SmartTrans Holdings Limited (ASX:SMA) is a leading Australian software and Brendan Mason technology provider that offers cutting‐edge solutions for the online retail and Managing Director logistics markets. The company operates a payment gateway for the Chinese and Australian markets. +61 3 9866 7333 China ‐ In partnership with leading Chinese e‐commerce firms, SmartTrans has built online marketplaces from which quality‐conscious consumers in China’s Released through: Ben Jarvis, rapidly growing middle class are able to purchase Australian premium Six Degrees Investor Relations: consumer products. +61 413 150 448 Supply Chain Australia ‐ In addition, SmartTrans has long‐term contracts with some of Australia’s leading blue‐chip organisations for its proprietary, cloud‐ based supply chain solutions telematics software as a service (SaaS).

Beijing Office:

Room 501, Grand Pacific Building A 8 Guanghua Road Chaoyang District Beijing 100026 PR China

Phone (Aus): +61 (3) 9866 7333

Phone (China): +86 (10) 6500 0910 Website: www.smarttransholdings.com.au Twitter: www.twitter.com/SmartTrans_SMA

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