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26 June 2014

Further to ComOps Limited (ASX:COM) (ComOps or the Company) announcement of 16 June 2014, the Company has on 20 June 2014 issued 1,200,000 fully paid ordinary shares at $0.025 per share to professional and sophisticated investors (who are not related parties of the Company), raising a further $30,000 before costs (Placement).

ComOps issued the shares under the Placement without disclosure to investors under Part 6D of the Corporations Act 2001 (Corporations Act).

Following the allotment and issue of shares under the Placement the issued capital of the Company comprises 388,062,291 fully paid ordinary shares and 12,333,333 options.

This notice is given by the Company under section 708A(5)(e) of the Corporations Act.

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26 June 2014

ComOps Limited (“ComOps”) is pleased to advise shareholders and the market that it has signed a non‐binding term sheet to acquire a complimentary asset management software business. The business provides asset management solutions to improve asset performance and optimise maintenance investment, focusing on asset-intensive industries, with customers in Australia and overseas. The business has revenues of greater than $4 million in the current year and will be earnings positive to ComOps, post‐acquisition. Consideration will be in cash and shares, paid partly on settlement and partly on the future achievement of performance milestones. In addition, a secured loan may be provided to the business prior to completion. Due Diligence is now underway and is expected to be completed within sixty days, whereupon acquisition agreements would be signed and shareholder approval sought in late August 2014, if required.

This potential acquisition reinforces the steps already taken and advised to shareholders at the recent Annual General Meeting to reposition ComOps and develop ComOps into a market leading Workforce, Workplace, and Workflow Management Solutions company.

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16 June 2014

Click Here to view "Appendix 3B - New issue announcement, application for quotation of additional securities and agreement"