ESIOC, page-4

Prospectus says today they are trading "ex" deferred settlement basis.


3.3 Timetables
The timetable for the Issue of the New Bonus Options is as follows:

	Column 1	Column 2
0	New Bonus Options
1	Event	Date
2	Lodge Prospectus with ASIC and ASX Note: Securities quoted on a “cum” basis	19 June 2017
3	“Ex” date*Bonus Options quoted on a deferred settlement basis	20 July 2017
4	Record Date	5.00 pm AEST on Friday 21 July 2017
5	Issue of Bonus OptionsDespatch of holdings statements for New Bonus Options and copy of prospectus**+	2 August 2017
6	Expected Official Quotation of New Bonus Options on ASX**	3 August 2017
7	New Bonus Options Expiry Date**	31 July 2019

* Securities are quoted on an “ex” basis.
**These dates are indicative only and are subject to change. ECT reserves the right, subject to the Corporations Act and the ASX Listing Rules, to amend this indicative timetable in consultation with ASX and its advisers. ECT reserves the right to withdraw the Issue without prior notice.