SPRINTEX LIMITED — Share Issue/Capital Change 2014

Jul 7, 2014

ASX Announcement ASX Code: SIX

7 July 2014

Exercise and Expiry of Options

Sprintex Limited (ASX code : SIX) advises that Exercise of Options notices were correctly complied with by 6 option holders of their intention to exercise their options which were exercisable at $0.02 each on or before 30 June 2014. As a result of these notices, a total of 12,566 fully paid ordinary shares were issued.

We also wish to advise that 53,626,813 Options (SIXOA) were not exercised by the expiry date of 30 June 2014 and, as a result, have expired.

The appropriate Appendix 3B statements accompany this announcement.

ENDS

Company Overview

Sprintex Limited (Sprintex) is the ISO 9001 accredited designer and manufacturer of the patented low emission, highly efficient Sprintex® twin screw supercharger. Following commissioning of a low cost volume manufacturing facility in Malaysia, Sprintex is now focusing on participation in the exponential growth underway in the global forced induction marketplace from this new state of the art facility.

183 Mulgul Road, Malaga WA 6090 PO Box 3348 Malaga DC WA 6945 Phone: +61 8 9262 7277 Fax: +61 8 9262 7288 Email: info@sprintex.com.au URL: www.sprintex.com.au

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Sprintex Limited

ABN 38 106 337 599

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf{1}$ +Class of +securities issued or to be issued

Fully Paid Ordinary Shares

• $\mathbf 2$ Number of +securities issued or to be issued (if known) or maximum number which may be issued
• Principal terms of the 3 *securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

12,566 fully paid ordinary shares

Fully Paid Ordinary Shares

+ See chapter 19 for defined terms.

$\overline{4}$	Do the + securities rank equallyin all respects from the *issuedate with an existing +class ofquoted +securities?	Yes
	If the additional + securities donot rank equally, please state:the date from which they do۰the extent to which they$\bullet$participate for thenextdividend, (in the case of adistribution)trust,Orinterest paymentthe extent to which they do۰not rank equally, other thanin relation to thenextdividend,distributionorinterest payment
5	Issue price or consideration	2 cents per share
6	Purpose of the issue(If issued as consideration forthe acquisition of assets, clearlyidentify those assets)	Exercise of Options
6a	Is the entity an + eligible entitythatobtainedhassecurityholder approval under rule 7.1A?If Yes, complete sections 6b - 6hin relation to the + securities thesubject of this Appendix 3B, andcomply with section 6i	n/a
6b	The date the security holderresolution under rule 7.1A waspassed	n/a
6с	Number of + securities issuedwithout security holder approvalunder rule 7.1	n/a

$\mathcal{A}$

+ See chapter 19 for defined terms.

• $6d$ Number of +securities issued with security holder approval under rule 7.1A
• 6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
• $6f$ Number of +securities issued under an exception in rule 7.2
• $6g$ If $+$ securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.
• 6h If +securities were issued under $|n/a$ rule $7.1A$ $for$ non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
• 6i Calculate the entity's remaining $|$ issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
• $\overline{7}$ +Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8 Number and +class of al +securities quoted on AS> (including the +securities in section 2 if applicable)

Number	+ Class
$\mathbf l$959,977,044ζn	Fully paid OrdinaryShares

$n/a$

$n/a$

$n/a$

$n/a$

$n/a$

1 July 2014

• See chapter 19 for defined terms.

		Number	+ Class
9	Number and + class of all *securities not quoted on ASX(including the + securities insection 2 if applicable)	11,250,000	3,750,000 each ofClass B, C and DPerformance Rights

Dividend policy (in the case of atrust, distribution policy) on theincreased capital (interests) ${\bf 10}$

Part 2 - Pro rata issue

11	holderapprovalsecurityIsrequired?
12	Is the issue renounceable or non-renounceable?
13	Ratio in which the + securitieswill be offered
14	+ Class of + securities to which theoffer relates
15	determine+Recorddatetoentitlements
16	differentWillholdingsonregisters (or subregisters) becalculatingaggregatedforentitlements?
17	Policy for deciding entitlementsin relation to fractions
18	Names of countries in which theentity has security holders whowill not be sent new offerdocumentsNote: Security holders must be told how their
	entitlements are to be dealt with.Cross reference: rule 7.7.

+ See chapter 19 for defined terms.

Closing date for receipt of 19 acceptances or renunciations Names of any underwriters $20$ Amount of any underwriting fee $21$ or commission Names of any brokers to the $22$ issue Fee or commission payable to $23$ the broker to the issue Amount of any handling fee $24$ payable to brokers who lodge acceptances or renunciations on behalf of security holders If the issue is contingent on $25$ security holders' approval, the date of the meeting Date entitlement and acceptance $26$ form and offer documents will be sent to persons entitled If the entity has issued options, $27$ and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders Date rights trading will begin (if $28$ applicable) Date rights trading will end (if $29$ applicable) How do security holders sell 30 their entitlements in full through a broker? How do security holders sell part $31$ of their entitlements through a

+ See chapter 19 for defined terms.

	broker and accept for thebalance?
32	How do security holders disposeof their entitlements (except bysale through a broker)?
33	+ Issue date

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• Type of +securities 34 (tick one)
• *Securities described in Part 1 $(a)$

$(b)$ All other *securities Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of conve securities

Entities that have ticked box 34(a)

Tick to indicate you are providing the information or

Additional securities forming a new class of securities

35	If the *securities are *equity securities, the names of the 20 largest holders of theadditional + securities, and the number and percentage of additional + securitiesheld by those holders
36	If the *securities are *equity securities, a distribution schedule of the additional*securities setting out the number of holders in the categories$1 - 1,000$$1,001 - 5,000$$5,001 - 10,000$10,001 - 100,000100,001 and over
37	A copy of any trust deed for the additional +securities

documents

+ See chapter 19 for defined terms.

Entities that have ticked box 34(b)

38	Number of + securities for which+ quotation is sought	12,566
39	+ Class of + securities for whichquotation is sought	Fully Paid Ordinary Shares
40	Do the 'securities rank equally inall respects from the + issue datewith an existing + class of quoted*securities?If the additional + securities donot rank equally, please state:the date from which they dothe extent to which theyfortheparticipatenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they do۰not rank equally, other than inrelation to the next dividend,distributioninterestOrpayment	Yes
41	Reason for request for quotationnowExample: In the case of restricted securities, endof restriction period(if issued upon conversion ofanother *security, clearly identifythat other 'security)	Exercise of Options
42	and + classofallNumberquoted on+ securitiesASX(including the + securities in clause38)	Number959,964,478	*ClassFully Paid OrdinaryShares

+ See chapter 19 for defined terms.

Quotation agreement

• *Quotation of our additional *securities is in ASX's absolute discretion. ASX $\mathbf{1}$ may quote the 'securities on any conditions it decides.
• We warrant the following to ASX. $\overline{2}$
  • The issue of the *securities to be quoted complies with the law and is $\bullet$ not for an illegal purpose.
  • There is no reason why those 'securities should not be granted +quotation.
  • An offer of the 'securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to $\bullet$ any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the 'securities be quoted.
• We will indemnify ASX to the fullest extent permitted by law in respect of any 3 claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document is not available now, we will give it to ASX before *quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

glful Date: 7 July 2014

Sign here:

(Director/Company secretary)

Print name:

Robert Molkenthin

== == == == ==

+ See chapter 19 for defined terms.

Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Part 1

Rule 7.1 – Issues exceeding 15% of capital
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
Insert number of fully paid + ordinarysecurities on issue 12 months before the*issue date or date of agreement to issue
Add the following:Number of fully paid +ordinary securitiesissued in that 12 month period under anexception in rule 7.2
Number of fully paid +ordinary securities٠issued in that 12 month period withshareholder approval
Number of partly paid +ordinary$\bullet$securities that became fully paid in that12 month period
Note:Include only ordinary securities here -other classes of equity securities cannotbe addedInclude here (if applicable) the securitiesthe subject of the Appendix 3B to whichthis form is annexedIt may be useful to set out issues ofsecurities on different dates as separateline items
Subtract the number of fully paid *ordinarysecurities cancelled during that 12 monthperiod
"A"

+ See chapter 19 for defined terms.

Step 2: Calculate 15% of "A"
"B"	0.15[Note: this value cannot be changed]
Multiply "A" by 0.15
that has already been used	Step 3: Calculate "C", the amount of placement capacity under rule 7.1
Insert number of + equity securities issuedor agreed to be issued in that 12 monthperiod not counting those issued:
Under an exception in rule 7.2
Under rule 7.1A
With security holder approval under rule۰7.1 or rule 7.4
Note:This applies to equity securities, unlessspecifically excluded - not just ordinarysecuritiesInclude here (if applicable) the securities$\bullet$the subject of the Appendix 3B to whichthis form is annexedIt may be useful to set out issues ofsecurities on different dates as separateline items
"C"
Step 4: Subtract "C" from ["A" x "B"] to calculate remainingplacement capacity under rule 7.1
"A" x 0.15
Note: number must be same as shown inStep 2
Subtract "C"
Note: number must be same as shown inStep 3
Total ["A" $\times$ 0.15] - "C"
	[Note: this is the remaining placementcapacity under rule 7.1]

+ See chapter 19 for defined terms.

Part 2

Rule 7.1A – Additional placement capacity for eligible entities
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
"A"Note: number must be same as shown inStep 1 of Part 1
Step 2: Calculate 10% of "A"
"D"	0.10Note: this value cannot be changed
Multiply "A" by 0.10
Step 3: Calculate "E", the amount of placement capacity under rule7.1A that has already been used
Insert number of + equity securities issuedor agreed to be issued in that 12 monthperiod under rule 7.1A
Notes:This applies to equity securities - notjust ordinary securitiesInclude here $-$ if applicable $-$ thesecurities the subject of the Appendix3B to which this form is annexedDo not include equity securities issuedunder rule 7.1 (they must be dealt within Part 1), or for which specific securityholder approval has been obtainedIt may be useful to set out issues of٠securities on different dates as separateline items"E"

+ See chapter 19 for defined terms.

Step 4: Subtract "E" from ["A" x "D"] to calculate remainingplacement capacity under rule 7.1A
" $A$ " x 0.10
Note: number must be same as shown inStep 2
Subtract "E"
Note: number must be same as shown inStep 3
Total ["A" $\times$ 0.10] – "E"
	Note: this is the remaining placementcapacity under rule 7.1A

+ See chapter 19 for defined terms.

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Sprintex Limited

ABN 38 106 337 599

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf 1$ +Class of +securities issued or to | be issued

Number of +securities issued or $\overline{2}$ to be issued (if known) or maximum number which may be issued

Principal terms of the 3 *securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates $f$ or payment; if securities, +convertible the conversion price and dates for conversion)

+ See chapter 19 for defined terms.

• Do the +securities rank equally $\overline{4}$ in all respects from the +issue date with an existing +class of quoted *securities? If the additional *securities do not rank equally, please state: • the date from which they do · the extent to which they participate for the next dividend, (in the case of a trust, distribution) $\Omega$ interest payment the extent to which they do not rank equally, other than in relation to the next distribution or dividend, interest payment Issue price or consideration 5 Purpose of the issue 6 (If issued as consideration for the acquisition of assets, clearly identify those assets) 6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i The date the security holder 6b resolution under rule 7.1A was
• $6c$ Number of +securities issued without security holder approval under rule 7.1

passed

+ See chapter 19 for defined terms.

• 6d Number of +securities issued with security holder approval under rule 7.1A
• 6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
• $6f$ Number of +securities issued under an exception in rule 7.2
• 6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the *issue date and both values. Include the source of the VWAP calculation.
• 6h If +securities were issued under rule $7.1A$ $f$ or non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
• Calculate the entity's remaining 6i issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
• $\overline{7}$ +Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8 Number and +class of all *securities quoted on ASX (including the +securities in section 2 if applicable)

Number	+ Class
959,964,478	Fully paid OrdinaryShares

+ See chapter 19 for defined terms.

• Number +Class 3,750,000 each Number and +class of all 11,250 $\mathbf Q$ of *securities not quoted on ASX Class B, C and D (including the +securities in Performance Rights section 2 if applicable) Dividend policy (in the case of a
• $10$ trust, distribution policy) on the increased capital (interests)

Part 2 - Pro rata issue

Not applicable - Appendix 3B relates to expiry of Options

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

Not applicable - Appendix 3B relates to expiry of Options

Quotation agreement

• *Quotation of our additional *securities is in ASX's absolute discretion. ASX $\mathbf{I}$ may quote the 'securities on any conditions it decides.
• We warrant the following to ASX. $\overline{2}$
  • The issue of the *securities to be quoted complies with the law and is not for an illegal purpose.
  • There is no reason why those *securities should not be granted *quotation.
  • An offer of the *securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.

+ See chapter 19 for defined terms.

Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Not applicable - Appendix 3B relates to expiry of Options

+ See chapter 19 for defined terms.

• If we are a trust, we warrant that no person has the right to return the $\bullet$ *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the 'securities be quoted.
• We will indemnify ASX to the fullest extent permitted by law in respect of any $\overline{\mathbf{3}}$ claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document is not available now, we will give it to ASX before *quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Weller Date: 7 July 2014

Sign here:

(Director/Company secretary)

Print name:

ROBERT MOLKENTHIN...................................

$=$ $=$ $=$ $=$ $=$ $=$ $=$ $=$ $=$ $=$

+ See chapter 19 for defined terms.