Appendix 3B New issue announcement Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

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

ECHO ENTERTAINMENT GROUP LIMITED

ABN

85 149 629 023

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).


1 +Class of +securities issued or to be issued

Performance Rights (unlisted)


2 Number of +securities issued or to be issued (if known) or maximum number which may be issued

53,540


3 Principal terms of the

+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)

The Performance Rights are issued under the Long Term Performance Plan to an eligible executive employee.

Subject to continued employment and satisfaction of the performance hurdles under the Long Term Performance Plan, the Performance Rights (or a relevant proportion thereof) will vest on 1 October

2017 and automatically convert to ordinary shares on a one for one basis.

Performance Rights that do not vest on

1 October 2017 will automatically lapse.

+ See chapter 19 for defined terms.

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4 Do the +securities rank equally 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) or interest payment
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

No, the Performance Rights do not rank equally with the existing class of quoted securities.

The Performance Rights do not have any voting rights or rights to receive dividends attached.

After the Performance Rights have vested and are converted to ordinary shares,

those ordinary shares will rank equally with existing fully paid ordinary shares

(including the right to vote and receive dividends).


5 Issue price or consideration Nil consideration
6 Purpose of the issue
(If issued as consideration for
the acquisition of assets, clearly
identify those assets)

Grant of Performance Rights under the

2013 Long Term Performance Plan award to an eligible executive employee.



6a Is the entity an +eligible entity No 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


6b The date the security holder resolution under rule 7.1A was passed

Not applicable


6c Number of +securities issued without security holder approval under rule 7.1

Not applicable


6d Number of +securities issued with security holder approval under rule 7.1A

Not applicable

+ See chapter 19 for defined terms.

Appendix 3B Page 2 04/03/2013


6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

Not applicable


6f Number of +securities issued under an exception in rule 7.2

Not applicable


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.

Not applicable


6h If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

Not applicable



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

Not applicable

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.

17 January 2014

8 Number and +class of all

+securities quoted on ASX

(including the +securities in
section 2 if applicable)

+ See chapter 19 for defined terms.

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9 Number and +class of all

+securities not quoted on ASX

(including the +securities in
section 2 if applicable)

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Not applicable

Part 2 - Pro rata issue

Items 11 to 33 are not applicable

Part 3 - Quotation of securities

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

34 Type of +securities
(tick one)
(a) +Securities described in Part 1
(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 convertible securities

Entities that have ticked box 34(a) Items 35 to 37 are not applicable Entities that have ticked box 34(b)

Items 38 to 42 are not applicable

+ See chapter 19 for defined terms.

Appendix 3B Page 4 04/03/2013

Quotation agreement

1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX

may quote the +securities on any conditions it decides.

2 We warrant the following to ASX.

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.

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.

3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

4 We give ASX the information and documents required by this form. If any 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.

Sign here: ........................................................... Date: 17 January 2014

(Company Secretary) Print name: PAULA MARTIN

== == == == ==

+ See chapter 19 for defined terms.

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