Financial Expectations for 2015

STRONG GROWTH IN PROFIT EXPECTED FOR 2015

ANNOUNCEMENT 14 APRIL 2015

Vmoto Limited (ASX/AIM: VMT) is pleased to announce that it expects to generate strong growth in profit over the 12 months ending 31 December 2015.

Vmoto's revenue is forecast to exceed A$69 million over 2015 for markets in China and internationally. This higher level of revenue from increased production and distribution will also see a growing proportion of higher margin vehicles produced for international sales. In addition, having acquired and successfully integrated Nanjing Haiyong in 2014, earnings are expected to be generated from this electric vehicle controller business over 2015.

In light of growing production and distribution, an increased focus on higher margin international sales, and earnings from Nanjing Haiyong, Vmoto expects to generate in 2015:

· Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) in the range between A$6 million to A$8 million; and

· Net profit after tax (NPAT) in the range between A$5 million to A$7 million.

This compares to the Company's 2014 underlying EBITDA and NPAT results of A$4 million and A$3.2 million respectively (pre share based payments and impairments).

Commenting on the Company's strong growth expectations, Managing Director Mr Charles Chen said: "Having spent the past three years putting in place the foundations to support Vmoto's growth into a leading global electric two-wheel vehicle company, we are now seeing the results of our strategy and operational focus. With revenue from increased production and distribution expected to exceed $69 million this year, Vmoto is at its scale inflection point, with earnings forecast to grow very strongly over 2015 and beyond."

-ENDS-

For further information, please contact:

VmotoCharles Chen, Managing Director Olly Cairns, 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.