Issue of Equity

ISSUE OF EQUITY

ANNOUNCEMENT 10 June 2015

Vmoto announces that it has issued 17 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") due to rounding adjustments following the recent Share Consolidation.

Application has been made for 17 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on 11 June 2015. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Following Admission, the Company will have 132,825,670 Ordinary Shares 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.

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.