SCIDEV LTD — Capital/Financing Update 2016

Aug 21, 2016

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Suite 105 48 Atchison Street St Leonards NSW 2065 Australia

Phone: 0438 675 510 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

Companies Announcements Office Australian Securities Exchange

22 August 2016

Extension of SciDev Option Term

Intec Ltd (Intec) owns a 50% interest in Science Developments Pty Ltd (SciDev) and holds an option to increase its ownership to 100% based on an agreed formula related to the profitability of SciDev. The option to increase Intec’s ownership to 100% was due to expire on 31 August 2016. Agreement has now been reached to extend the option term for a period of six-months until 28 February 2017.

Yours faithfully Intec Ltd

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Kieran Rodgers Managing Director