ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: XX January 2010


ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE: 24 December 2014

Reimbursement Fee Paid to MEO

Further to the Company's announcement of 19 December 2014, Neon Energy Limited (ASX: NEN) confirms that the reimbursement fee of $400,000 has been paid to MEO Australia Limited (MEO) in relation to the termination of the Merger Implementation Agreement between Neon Energy and MEO. Neon confirms that there are no further obligations in relation to the MEO Merger Implementation Agreement.

Enquiries:

Managing Director: Ken Charsinsky Chief Financial Officer: Ben Newton Telephone: 08 9481 1176
Website: www.neonenergy.com

Neon Energy Ltd, ABN: 49 002 796 974, Ground Floor, 88 Colin Street, West Perth, 6005 Ph: +61 (08) 9481 1176 Fax: +61 (08) 9481 7720

PO Box 1789, West Perth, 6872 Website: www.neonenergy.comE-mail: info@neonenergy.com

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