Half Year Report Ended 31 December

2016

Release Statement

This document is copyright. Except for the purposes permitted under the Copyright Act, no part of the publication may be reproduced in any form or by any means without permission of ReNu Energy Limited.

ReNu Energy Limited, Level 1, 9 Gardner Close, Milton, QLD 4064

Phone: +61 7 3721 7500 | Fax: +61 7 3721 7599 | Email: info@renuenergy.com.au

ABN: 55 095 006 090

CORPORATE DIRECTORY

Directors

Jack Hamilton

Non-Executive Chairman

Christopher Murray

Managing Director and Chief Executive Officer

George Miltenyi

Non-Executive Director

Richard Brimblecombe

Non-Executive Director

Secretary

Tim Pritchard CPA

Principal registered office in Australia

Level 1, 9 Gardner Close MILTON QLD 4064

Telephone: +617 3721 7500

Facsimile: +617 3721 7599

Postal Address

PO Box 2046 MILTON QLD 4064

Internet

www.renuenergy.com.auinfo@renuenergy.com.au

Share registry

Link Market Services Limited

Level 15, 324 Queen Street BRISBANE QLD 4000

Telephone Australia: 1300 554 474

Telephone International: +617 3237 2100

Facsimile: +617 3229 9860

Auditor

Ernst & Young Level 51

111 Eagle Street

BRISBANE QLD 4000

Solicitors

Thomsons Geer

Level 16, Waterfront Place 1 Eagle Street

BRISBANE QLD 4000

Securities exchange listings

ReNu Energy Limited shares are listed on the Australian Securities Exchange. The home branch is Sydney, Ticker: RNE.

APPENDIX 4D

Name of entity

HALF YEAR REPORT

RENU ENERGY LIMITED (FORMERLY GEODYNAMICS LIMITED)

ABN Half year ended

55 095 006 090

31 December 2016

Previous corresponding period: 31 December 2015

Results for announcement to the market

Results

Revenues from ordinary activities

Down

36% to

$313,914

Loss from ordinary activities after tax attributable to members

Up

189% to

$2,378,227

Net loss for the period attributable to members

Up

189% to

$2,378,227

Dividends

The Directors do not propose to recommend the payment of a dividend in respect of the period.

Net Tangible Asset Backing

As at 31 December 2016

As at 30 June 2016

Net tangible asset backing per ordinary security (cents per share)

$0.024

$0.029

Brief explanation of any of the figures reported above:

The revenue for this half year predominantly comprised $150,176 interest income and $163,459 income from Bioenergy projects.

The loss from ordinary activities represents exploration and evaluation costs incurred, expenditure on bio energy projects and normal administrative overhead offset by interest income and recovery of remediation costs from Origin Energy.

The group has net tangible asset backing of 2.4 cents per share and cash reserves of $10 million.

Details of entities over which control has been gained or lost during the period:

NIL

This information should be read in conjunction with the most recent annual report and the Directors' report and the half year financial statements for the period.

DIRECTORS' REPORT

Your Directors submit their report for the half year ended 31 December 2016.

DIRECTORS

The names of the Directors of ReNu Energy Limited in office during the half year and until the date of this report are as follows.

Keith Spence (Non-executive Chairman) Resigned 25 November 2016 Jack Hamilton (Non-executive Chairman) Appointed Chairman 25 November 2016 George Miltenyi (Non-executive Director) Richard Brimblecombe (Non-executive Director) Christopher Murray (Managing Director & CEO)

Directors were in office for this entire period unless otherwise stated.

COMPANY SECRETARY Tim Pritchard CORPORATE STRUCTURE

ReNu Energy Limited is a company limited by shares, incorporated and domiciled in Australia. It listed on the Australian Securities Exchange on September 2002 under code GDY. The company changed its name from Geodynamics Limited to ReNu Energy Limited (ASX: RNE) on 30 November 2016. Its registered office and principal place of business is Level 1, 9 Gardner Close, Milton QLD 4064.

PRINCIPAL ACTIVITIES

The principal activities of ReNu Energy Limited during the half were focussed on progressing the bioenergy opportunities brought to the business through the acquisition of Quantum Power in September 2015 while also accelerating our search for profitable growth investments in the clean technology sectors which are complementary to the Quantum business.

While actively seeking diversification opportunities we have continued to progress activities required for the remediation of our geothermal tenements in the Cooper Basin in accordance with the relevant state regulations and environmental requirements.

ReNu Energy Ltd. published this content on 24 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 February 2017 08:28:05 UTC.

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