Ms. Philippa Lewis reports

SIMAVITA LIMITED: CANCELLATION OF OPTIONS

A total of 214,000 options that had been issued to Simavita Ltd.'s former employees have been forfeited and have therefore now been cancelled.

The details of the cancelled options are as shown in the attached table.

ASX code      Number of options      Exercise price           Expiry date 
   
SVAAJ                   214,000               $0.70         Aug. 31, 2018