Issue of Equity

ISSUE OF EQUITY

The Board of Directors of Vmoto Limited (ACN 098 455 460) ("Company") announces that it has today issued at nil cost 2 million ordinary shares of no par value in the capital of the Company (the "Issue Shares") to former director, Blair Sargeant, in consideration for professional services performed by him during his tenure with the Company. The Issue Shares are being issued pursuant to the Company's 15% annual placement capacity and accordingly this issue is not subject to shareholder approval.

Application has been made for the Issue Shares to be admitted to trading on AIM and the ASX ("Admission") and it is expected that Admission and dealings in the Issue Shares will occur on AIM on 5 September 2013. The Issue Shares will rank pari passu with the existing ordinary shares in the capital of Vmoto currently in issue. Following Admission, there will be 973,087,712 ordinary shares in the capital of Vmoto in issue.

AUTHORISED BY:

Charles Chen

Managing Director

For further enquiries, please contact:

About Vmoto

Vmoto is a global scooter manufacturing and distribution group and is listed on the Australian Securities Exchange (ASX) and on the AIM market of the London Stock Exchange. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric (and some petrol) two wheel vehicles from its low cost manufacturing facilities in Nanjing, China, marketed in Europe through its operation in Bremen, Germany and marketed outside Europe through its operations in Australia. 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.