SCIDEV LTD — Capital/Financing Update 2020

Mar 31, 2020

==> picture [276 x 72] intentionally omitted <==

Unit 1 8 Turbo Road Kings Park NSW 2148 Australia ABN 25 001 150 849

Email: admin@scidev.com.au Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

01 April 2020

Record AUD $4.8M Month of March Sales

Highlights

• Record AUD$4.8M in sales for the month of March 2020, exceeding total sales from the entire December quarter 2019 (AUD$4.0M)

• Sales volumes were spread across mining, oil & gas, construction and water treatment verticals reflecting the breadth of our operating footprint and business development opportunities

SciDev Limited (ASX:SDV; SciDev , or the Company ) is pleased to advise that the Company has achieved month of March sales of AUD$4.8M, significantly exceeding the total sales of AUD$4.0M for the three months of the December 2019 quarter (ref ASX 29 January 2020). The month of March sales include AUD$0.7m from the recently acquired Highland Fluids Technology transaction (ref ASX 2 March 2020).

More detail will be provided in the Company’s Q3 FY2020 Quarterly Report and Appendix 4C, which will be released in April 2020. SciDev Managing Director and Chief Executive Officer, Lewis Utting said:

“We are delighted with the results for March 2020; in a highly challenged macroeconomic environment, month of March sales are a positive reflection of our professional services & bespoke chemistries that we deliver. I would like to take this opportunity to pass on my thanks to the SciDev team for their dedication and hard work.

This release has been approved by the SciDev board.

On behalf of SciDev Limited

==> picture [107 x 40] intentionally omitted <==

Lewis Utting

==> picture [108 x 52] intentionally omitted <==

Heath Roberts

Managing Director and Chief Executive Officer

Company Secretary

---

For Further Information:

Corporate

Lewis Utting - Managing Director & Chief Executive Officer

Investors

Craig Sainsbury – Market Eye

Heath Roberts - Company Secretary

(+61) 02 9622 5185

craig.sainsbury@marketeye.com.au

0428 550 499

About SciDev

SciDev is a leader in the development and application of services, chemistry and process control for solids-liquid separation. SciDev brings together world-class technology, chemistry, management and manufacturing capabilities to solve pressing operational and environmental issues for the Mining, Water Treatment, Oil & Gas and Construction markets.

2