MEO Australia Limited : Price Query

MEO Australia Limited

ABN 43 066 447 952

Tel: [phone]

Level 23 Fax: [phone]

500 Collins Street Email: [e-mail]

Melbourne Victoria 3000 Australia Website: www.meoaustralia.com.au

8th January 2013
Mr. Dean Litis
Principal Advisor, Listings Compliance (Melbourne) ASX Compliance Pty Ltd
Level 4, North Tower
525 Collins Street
Melbourne VIC 3000

By Email: [e-mail]

Dear Dean,

Re: Price query

We refer to your correspondence received yesterday afternoon (7th January 2013) in relation to the price increase in our stock from a closing price of 7.3 cents on Friday 4th January 2013 to an intra-day high of 9.3 cents on Monday 7th January 2013 (closing at 9 cents), accompanied by above normal trading volumes.
MEO makes the following responses to your specific numbered points:
1. The Company is not aware of any information that has not already been announced to the market.
2. Not applicable.
3. The Company is not aware of any specific reason for the rise in the share price and significant turnover on Monday 7th January 2013.
4. We confirm that to the best of our knowledge, the Company is in full compliance with the listing rules and, in particular, listing rule 3.1.

We trust these explanations satisfy your query. Yours sincerely,

Jürgen Hendrich

Managing Director & Chief Executive Officer
MEO Australia Limited