SCIDEV LTD — Capital/Financing Update 2017

Mar 28, 2017

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Suite 105 48 Atchison Street St Leonards NSW 2065 Australia ABN 25 001 150 849

Phone: 61 0428 002 590 Email: admin@scidev.com.au Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

29 March 2017

SciDev receives purchase order from leading Australian dairy manufacturer for the OptiFlox® System

• Deployment will be the first commercial installation of an OptiFlox® System in the dairy industry

• The OptiFlox® System will be installed in May 2017 with another installation in the dairy sector with a second existing customer expected to occur in the second half of 2017

• The purchase order, for an initial 12-month period, provides further validation of the OptiFlox® System’s applicability to a range of industries

• Pipeline of opportunities continues to strengthen – SDV pursuing opportunities across diverse industry sectors including natural resources, energy, sewage and food processing

SciDev Ltd (ASX: SDV) (‘SciDev’ or ‘the Company’) is pleased to announce it has received a purchase order, for an initial 12-month period, for the installation of an OptiFlox® System at a processing facility owned by a major participant in the Australian dairy industry (‘the Customer’); representing a significant commercial achievement for SciDev.

The order paves the way for the first commercial deployment of an OptiFlox® System in the dairy sector, with the system expected to be installed in mid-to-late May 2017. The installation provides additional validation of the Company’s technology, which will soon be commercially deployed in both the coal and dairy sectors.

The Customer will pay a monthly leasing fee for the use and maintenance of the OptiFlox® System at its processing facility. This represents a similar arrangement to SciDev’s agreement with Peabody Energy for the OptiFlox® System installed at the Wilpinjong coal mine ( Refer ASX announcement 16 March 2017 ).

SciDev is also pleased to confirm that a second dairy sector customer is expected to install an OptiFlox® System at its processing plant during the second half of 2017. This will further strengthen the Company’s presence in the dairy industry while it simultaneously pursues additional opportunities in the natural resources, energy, sewage and food processing sectors.

With regards to this deployment, the OptiFlox® System will be installed in the dissolved air flotation unit in the wastewater treatment plant of the dairy processing facility to continuously monitor water quality and maintain optimal flocculation conditions through automated, cloud-based, real-time control of coagulant dosing. Installation of the OptiFlox® System, which complements existing SciDev chemical sales, will deliver productivity and cost benefits to the Customer, who has been a longstanding client of SciDev.

SciDev is pleased to confirm that it is also in ongoing discussions with a range of industry participants, including companies in the natural resources, energy, sewage and food processing sectors regarding potential trials and installations of its OptiFlox® System technology at various mine sites and processing facilities.

Kieran Rodgers Managing Director

Released through: Henry Jordan, Six Degrees Investor Relations +61 431 271 538