Plentex : RESIGNATION OF MANAGING DIRECTOR

25 May 2015

ABN 13 009 607 676

246 Esplanade

Brighton, Vic. 3186

Australia

Phone [phone]

Fax [phone]

[e-mail] www.plentex.com.au

ASX Announcement

RESIGNATION OF MANAGING DIRECTOR

Plentex Limited wishes to advise that Mr Daniel P. Goldman has resigned as Managing
Director of Plentex effective from close of business on 22 May 2015.
Mr Goldman has held the dual roles of Managing Director of both Plentex and Plentex's former subsidiary Xerion Limited over the past year and has spearheaded Xerion's rapid development.
Mr Goldman will now focus full time on Xerion's business operations but will maintain his relationship with Plentex by serving as a Non Executive Director.
Plentex Executive Chairman, Mr Peter Streader, will continue in his current role and will be supported by Mr David Vinson who henceforth will play a greater role in the management of the Company's operations.
Plentex is also pleased to announce the appointment of Mr Michael McMahon as General Manager - Philippines Operations, and Mr David Ellis as General Manager - Business Development.
Mr McMahon has served as the Company's Manager in the Philippines for the past two years and is the Chief Operating Officer of Plentex Philippine subsidiary, Plentex Philippines Inc.
Mr Ellis has been employed by Plentex as a consultant since January 2014. Mr Ellis was the former Research and Development Manager of the Australian Southern Bluefin Tuna Industry Association.
For and on behalf of

PLENTEX LIMITED Peter C. Streader

Executive Chairman

For further information contact:

Peter Streader Executive Chairman Plentex Limited

Telephone: [phone]

Email: [e-mail]