MEO Australia Limited ABN 43 066 447 952 Neon Energy Limited ABN 49 002 796 974

Tel: +61 (3) 8625 6000 Tel: +61 8 94811176

Fax: +61 (3) 9614 0660 Fax: +61 8 94817720

Address: Level 20, 500 Collins Street

Melbourne, VIC 3000 Australia

Address: Ground Floor, 88 Colin Street

West Perth, WA 6005 Australia

www.meoaustralia.com.au www.neonenergy.com

ASX RELEASE 19 December 2014 Transaction update Court approves dispatch of Scheme Booklet and convening of Scheme Meeting

MEO Australia Limited (ASX:MEO) (MEO) is pleased to announce that the Supreme Court of Victoria has made orders approving the dispatch of the scheme booklet (Scheme Booklet) in relation to the proposed scheme of arrangement under which Neon Energy Ltd (ASX:NEN) (Neon) will acquire all of the shares in MEO (Scheme).
The Court has also ordered that a meeting of MEO shareholders be convened to consider and vote on the
Scheme.
Implementation of the Scheme is subject to a number of conditions under the Merger Implementation
Agreement announced to ASX on 5 November 2014 (MIA), including MEO shareholder approval in respect
of the Scheme and approval by the Court. MEO shareholders will vote on the Scheme at a Scheme Meeting, which is expected to be held at 10.30am on Monday 2 February 2015.
Information relating to the Scheme, including the notice convening the Scheme Meeting and the independent expert's report, will be included in the Scheme Booklet that is expected to be sent to shareholders on or before Monday 29 December 2014.
A further announcement attaching the Scheme Booklet will be released by MEO following registration of the Scheme Booklet with the Australian Securities and Investments Commission, which is expected to occur later today.

--ENDS-- For further information, please contact:

MEO
Peter Stickland
Chief Executive Officer
+61 3 8625 6000
Neon
Ken Charsinsky
Managing Director
+61 8 9481 1176

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