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ORTHOCELL LIMITED Share Issue/Capital Change 2015

May 11, 2015

Share Issue/Capital Change

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11 May 2015 The Manager Australian Securities Exchange Level 40, Central Park 152-158 St George's Terrace Perth WA 6000

Dear Sir,

In accordance with ASX Listing Rule 3.10A Orthocell Limited advises that 42,651 Ordinary Shares will be released from escrow on 23 May 2015.

Yours sincerely,

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Simon Robertson Company Secretary