20 December 2013

Company Announcements Office

ASX Limited

20 Bridge St

SYDNEY NSW 2000

Dear Sirs

NEPTUNE MARINE SERVICES LTD (ASX: NMS) APPENDIX 3B - APPLICATION FOR QUOTATION

Neptune Marine Services Ltd

ABN 76 105 665 843

Level 16, 140 St Georges Terrace

Perth, Western Australia, 6000

PO Box 7729, Cloisters Square, 6850

P +61 8 9424 1111

F +61 8 9424 1110

E info@neptunems.com

We enclose an Appendix 3B to apply for quotation of 5,613,942 fully paid ordinary shares that are currently unquoted under ASX Code NMSAJ (Shares).

The Shares were issued in 2007 and were originally under escrow. The Company should have but (due to an administrative error) did not lodge an application for quotation of these securities when the restriction period ended.

The Company confirms that its total issued share capital remains at 1,849,505,508 fully paid ordinary shares.

Yours faithfully

John Louden

General Counsel and Company Secretary

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

Neptune Marine Services Ltd

ABN

76 105 665 843

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).

Questions 1 to 10 Not applicable - no new issue.

Request for quotation of existing shares

following end of escrow period.

Refer Part 3 below.

Part 2 - Pro rata issue

Questions 11 to 33 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) Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities

held by those holders

36 If the +securities are +equity securities, a distribution schedule of the additional

+securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

37 A copy of any trust deed for the additional +securities

Entities that have ticked box 34(b)

38 Number of +securities for which

+quotation is sought

5,613,942

39 +Class of +securities for which quotation is sought

Fully paid ordinary shares

(already issued but unquoted, code NMSAJ)

40 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: