Wasabi Energy Limited Exercise of Options (3341S)

TIDMWAS

RNS Number : 3341S

Wasabi Energy Limited

06 November 2013

6 November 2013

Wasabi Energy Limited

("Wasabi," "the Group" or "the Company")

Exercise of Options

Wasabi Energy Limited (ASX: WAS, AIM: WAS, OTCQX: WSBLY), advises that 293,402 options have been exercised at 0.8c each.

Application has been made for the 293,402 Ordinary Shares issued to be admitted to trading on the AIM market and admission is expected to take place on 11 November 2013.

Following admission of the above shares, the Company will have 3,718,761,160 Ordinary Shares of no par value in issue. The above figure 3,718,761,160 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules

For further information, please contact:

Australian Enquiries

Mr. John Byrne / Diane Bettess

Wasabi Energy Limited

Ph: +61 (0)3 9663 7132

U.K. Investor Enquiries

Ivonne Cantu / Neil McDonald

Cenkos Securities plc

Ph: +44 (0)207 397 8900 / +44 (0) 131 220 9778

U.K. Media Enquiries

Mr. Josh Royston / Ms. Hilary Millar

Newgate Threadneedle