Zyber Holdings Limited (ASX: ZYB)

ABN: 84 131 090 947

Level 11, 216 St Georges Terrace Perth, Western Australia 6000

GPO Box 2517, Perth, Western Australia 6831

T: +61 8 9481 0389

F: +61 8 9463 6103

E: info@zyber.com

Non-Executive Chairman

Mr Peter Wall

Non-Executive Directors

Mr Paul Callander Mr Jason Tomkinson

Company Secretary

Mrs Elizabeth Hunt

6 January 2017

ASX Market Announcement

CORPORATE UPDATE

Zyber Holdings Limited (ASX: ZYB) ("Zyber" or "the Company") provides the following update in relation to a restructure of its development team.

The Company advises that as part of cost cutting initiatives being employed, Mr Roe Markham and Mr Darius Millar have been released from their positions as Chief Operating Officer and VP of Sales and Marketing respectively effective immediately.

The board of directors of the Company wishes to thank Mr Markham and Mr Millar for their contributions and wish them all the best with their future endeavours.

As part of its ongoing review of the commercialisation pathway for the Zyber technology, the Company is looking to move to an outsourced model for further development of its technology.

Elizabeth Hunt

Company Secretary Telephone: +61 (08) 9481 0389

About Zyber

Zyber Secure Mobile Solutions builds secure file sharing business applications with an emphasis on security, scalability and functionality. Zyber automates confidential information flow processes for industries including government, banking, healthcare, retail and the public sector.

Social Media Policy

We believe in providing the highest levels of communications, and whilst the ASX remains the platform for market sensitive releases, we encourage all shareholders to follow Zyber on Twitter (@myzyber), LinkedIn and YouTube.

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