Completion of share consolidation

COMPLETION OF SHARE CONSOLIDATION

ANNOUNCEMENT 4 June 2015

Further to the resolution passed by Shareholders at the Company's Annual General Meeting on 21 May 2015, the Company is pleased to confirm the consolidation of its share capital through the conversion of every ten shares in the capital of the Company into one share ("Share Consolidation") has been completed.

Additionally, the Company announces that 2,000,000 ordinary shares of no par value were issued but not admitted to trading on AIM on 17 December 2013. Application has been made for these shares to be admitted to trading on AIM and it is expected that admission and dealings in these shares will occur in the consolidated form today ("Admission").

Following Admission and the Share Consolidation, there will be 132,825,653 ordinary shares of no par value in the capital of Vmoto on issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Vmoto.

The full issued capital in the Company is as follows:

Number Class

132,825,653 Fully Paid Ordinary Shares

385,000 Unlisted Options exercisable $0.30 each on or before at 23 November 2016

500,000 Unlisted Class E Options exercisable at $0.40 each on or before 23 May 2018

500,000 Unlisted Class F Options exercisable at $0.80 each on or before 23 May 2018

100,000 Unlisted Class G Options exercisable at $0.50 each on or before 21 May 2019

100,000 Unlisted Class H Options exercisable at $0.75 each on or before 21 May 2019

200,000 Unlisted Class I Options exercisable at $1.00 each on or before 21 May 2019

200,000 Class C Performance Rights vesting 17 December 2015

200,000 Class F Performance Rights vesting 21 January 2016

266,668 Class H Performance Rights vesting 23 May 2015

266,668 Class I Performance Rights vesting 23 May 2016

1,000,000 Class J Performance Rights, subject to specific incentive milestones

1,000,000 Class K Performance Rights, subject to specific incentive milestones

For further information, please contact:

Vmoto

Charles 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

Christopher Raggett (corporate finance)

Simon Hicks (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.