Appointment of Joint Broker

APPOINTMENT OF MIRABAUD AS JOINT BROKER

ANNOUNCEMENT 26 FEBRUARY 2015

Vmoto Limited (ASX/AIM: VMT) is pleased to advise that Mirabaud Securities LLP has been appointed as the Company's joint broker, with a focus on the European and UK markets. The appointment is on commercial terms and with immediate effect.

Under the terms of the appointment, and subject to shareholder approval if required, the Company will issue up to 50% of the annual retainer fee in fully paid ordinary shares, to a maximum of 1 million shares. The shares will be issued pro rata quarterly in advance, based on the VWAP for the month prior to the relevant quarter. An Appendix 3B for the initial tranche of 86,114 shares, issued at a deemed issue price of GBp1.9091/ share, pursuant to the Company's 15% annual placement capacity, follows.

For further information, please contact:

VmotoCharles Chen, Managing Director Olly Cairns, Non-Executive Director +61 8 9226 3865

Investors and media

Market Eye Pty Ltd Ronn Bechler +61 400 009 774

finnCap Ltd

Ed Frisby (corporate finance)

Christopher Raggett (corporate finance)

Tony Quirke (corporate broking) +44 20 7220 0500

Mirabaud

Peter Krens (equity capital markets) +44 20 7878 3362

Ed Haig-Thomas (equity capital markets) +44 20 7878 3447

About Vmoto

Vmoto Limited (ASX/AIM: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric scooters from its low cost manufacturing facilities in Nanjing, China. Vmoto combines low cost Chinese manufacturing capabilities with European design. The group operates through two primary brands: Vmoto (aimed at the value market in Asia) and E-Max (targeting the Western markets, with a premium end product). As well as operating under its own brands, the Company also sells to a number of customers on an original equipment manufacturer ("OEM") basis.