Xped Media Thread - Social Media, Online, Print and otherwise, page-659

We refer to your letter dated 24 August 2016 to Xped Limited (ASX:XPE) (Company) regarding a change in the Company’s share price from 18 August 2016 to 24 August 2016. In light of the price change, you have asked the Company to respond to four questions. The Company’s response to each question is set out below. 1. As previously announced, the Company has entered a collaboration and marketing agreement with Telink Semiconductor (Shanghai) Co. Ltd (Telink) and subsequently a licensing agreement with Telink (see ASX announcements of 5 May 2016 and 4 July 2016). Further to the entry of those agreements, the Company and Telink have been exploring what other opportunities there may be between the companies moving forward. No further agreements have been entered by the parties to date, however, the parties are continuing their discussions as to potential future opportunities. The Company will update the market as required if and when any progress is made in relation to those discussions, however, those discussions are uncertain and there can be no assurance that there will be any further arrangements or agreements entered with Telink. The Company is not otherwise aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company. 2. See answer to 1 above. 3. The Company is not aware of any other reason for the price change in the securities. 4. The Company is in compliance with the Listing Rules and, in particular, Listing Rule 3.1. Yours faithfully