VINYL GROUP LTD — Capital/Financing Update 2016

May 4, 2016

ASX ANNOUNCEMENT AND MEDIA RELEASE

ASX CODE: MBO

Date: 5 May 2016

Mobilarm enters into investment in Jaxsta Enterprises

Global marine safety equipment provider Mobilarm Limited (ASX: MBO) today announces that it has entered into an agreement to make a $500,000 investment from existing excess cash flow directly into Jaxsta Enterprise Pty Ltd (Jaxsta), a verified music database, for a 3.33% equity position. Mobilarm will also have the right to invest a further $2,500,000 directly for a further 16.67% equity.

If the above investment is completed within 18 months, Mobilarm will have the right to buy a further 20% of Jaxsta from an existing Jaxsta shareholder and associate of Melanie Verheggen, a major shareholder of MBO, for $5,000,000 being $2,200,000 in cash and $2,800,000 in Mobilarm shares at a deemed price of $0.007, being 400,000,000 shares with a free attaching option for four years at an exercise price of $0.007. This right has an exercise window of 18 months after the initial investment is complete.

Other than the initial $500,000 all other transactions will be subject to all necessary ASIC, ASX and shareholder approvals, if needed.

-Ends-

Further details

Ken Gaunt

Chief Executive Officer

Email: keng@mrtsos.com Tel.: +61 417 961 770 Tel.: +44 782 731 4442 www.mobilarm.com

Mobilarm Limited (ASX: MBO) and its 100% owned subsidiary MRT (UK) is involved in the development, manufacturing and sale of a Man Overboard Safety Systems provided to the offshore oil & gas industries, commercial marine industries, defence, and government & regulatory agencies internationally. MBO currently operates in the UK, Australia, Nigeria and USA.