Appendix E xTV Cleansing Statement xTV Networks, Ltd. Suite 7, 234 Churchill Ave Subiaco, WA, 6008 Australia

31 May 2016

Company Announcements Office Australian Securities Exchange

Notice under Section 708A(5)(e) of the Corporations Act 2001 (Cth)

On 31 May 2016, XTV Networks Limited (the "Company") issued 66,950,000 fully paid ordinary shares in accordance with the terms of the convertible securities subscription agreement with Bergen Global Opportunity Fund, LP, which was announced to the market on 31 May 2016.

Accordingly, the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Corporations Act") that:

  1. the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

  2. as at the date of this notice the Company has complied with:

    1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

    2. section 674 of the Corporations Act; and

    3. as at the date of this notice there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act) which is required to be disclosed by the Company.

    4. Yours faithfully

      XTV Networks Limited

      …………………………………..

      Joseph Ward

      Chief Executive Officer

    xTV Networks Ltd. published this content on 31 May 2016 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 31 May 2016 21:41:04 UTC.

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