SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Share Issue/Capital Change 2017

Sep 5, 2017

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6 September 2017

ASX Compliance Pty Ltd Level 40 Central Park 152-158 St Georges Terrace Perth WA 6000

Attention: Jeremy Newman

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Dear Jeremy

Notice under 708A(5) of the Corporations Act

1. The Company has today issued 20,610,120 fully paid ordinary shares as part of the consideration for the acquisition of Heyday5 Pty Ltd as announced to the ASX on 28 February 2017 ("Consideration Shares") and 232,879 fully paid ordinary shares on the vesting and exercise of the 2015 Financial Year Performance Rights (together “the Shares”). 10,305,060 of the Consideration Shares are subject to a voluntary escrow period of 12 months from the date of issue and 10,305,060 of the Consideration Shares are subject to a voluntary escrow period of 24 months from the date of issue.

2. The Shares were issued by the Company without disclosure being given under Part 6D.2 of the Corporations Act.

3. This notice is being given under section 708A(5)(e) of the Corporations Act.

4. As at the date of this notice the Company has complied with:

5. a. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

6. b. section 674 of the Corporations Act.

7. As at the date of this notice, there is no “excluded information’ as defined in section 708A(7) and (8) of the Corporations Act in relation to the Company.

Yours faithfully

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Colin Harper Company Secretary

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