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VINYL GROUP LTD Capital/Financing Update 2013

Mar 7, 2013

66014_rns_2013-03-07_d77bfbcf-b133-4d76-8dbf-6d89a85e7606.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT ASX AND MEDIA RELEASE CODE: MBO Date: 8 March 2013

MOBILARM ENTERS INTO LOAN AGREEMENT

SETS UP EQUIPMENT RENTAL VENTURE IN NIGERIA

 One million dollar facility advanced from CEO

 Initiates ongoing rental income to fund operations

Perth, Western Australia : Global marine safety equipment provider, Mobilarm Limited (ASX: MBO) (“The Company”) today announces that it has entered into a loan agreement with its Director/CEO Ken Gaunt for a facility of up to $1,000,000. The facility is to be partly used to fund the establishment of the Company’s joint venture in Nigeria, Mobilarm Nigeria Ltd, whose primary focus is to provide full product and service solutions as mandated by the Nigerian Department of Petroleum Resources.

CEO Ken Gaunt commented: “We have a great opportunity in Nigeria to set up an equipment rental program that will be replicated worldwide. Our customers require both technical and financial solutions to enable them to deploy best of breed safety equipment. By providing a tailor made turn key solution we offer the flexibility that meets with their cash flow requirements, be it outright purchase, long term rental, or pay per usage. Service and support is included which guarantees that optimal efficiency of all of our products is maintained at all times.”

He added “Not only does this secure long term revenue streams for our company but it builds our presence in the Nigerian Oil & Gas sector, providing a great platform for further growth.”

“Setting up this rental program requires a short term cash injection that should repay itself from ongoing rental revenue streams. I have provided this loan to the Company in order to execute this strategy without any dilution to our existing shareholders.”

Ends

Further details

Ken Gaunt Email: [email protected] Chief Executive Officer Tel.: +61 (0)417 961 770 Tel.: +44 (0) 7827 314 442

TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 38 GUTHRIE STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM [email protected]

www.mobilarm.com

Notes for editors

Headquartered in Perth, Western Australia with operations in the United Kingdom, Mobilarm (ASX: MBO) is one of the world’s leading suppliers of man overboard safety products.

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