Collaborate Corporation Limited (ASX: CL8) (Collaborate or the Company) advises that the Company has today issued 15,567 fully paid ordinary shares (Shares) upon the exercise of unquoted options exercisable at $0.015 per option and expiring on 18 December 2020.

Additionally, the Company has today issued 706,009 Shares upon the exercise of unquoted employee options exercisable at $0.01 per option on or before 2 September 2022. Together, the option conversions raised $7,294 before costs.

Secondary Trading Notice Pursuant to Paragraph 708A(5)(e) of the Corporations Act 2001 ('Act')

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, a sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that: (a)	the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act; (b) as at the date of this Notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act and (c)	as at the date of this Notice, there is no information: (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules and (ii) that investor and their professional advisers would reasonably require for the purpose of making an informed assessment of: a. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or b. the rights and liabilities attaching to the relevant Shares.

About Collaborate Corporation Limited

Collaborate Corporation Limited is listed on the Australian Securities Exchange (ASX:CL8). It is Australia's leading listed company focused on 'collaborative consumption', 'peer-to-peer' or 'sharing economy' business model with a strong focus on mobility solutions. Collaborate's core business is www.DriveMyCar.com.au Australia's leading peer-to-peer car rental business, complemented by www.Carly.co, Australia's first flexible car subscription offering. Other businesses include www.MyCaravan.com.au a leading peer-to-peer caravan rental business and www.Mobilise.com a rental marketplace for under-utilised assets. Through our proprietary trust and reputation platform, www.peerpass.com.au we create 'trust' between individuals and make it possible for people and companies to safely transact with each other in the sharing economy.

Contact:

Tel: +61 2 8889 3641

Email: shareholder@collaboratecorp.com

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