ASX Release

11 April 2017

Market Update

Further to the Companys announcement dated 15 March 2017, migme Limited (MIG or the
Company) advises that it is currently looking to finalise a series of convertible note transactions prior
to Monday 17 April 2017. At such time, the Company envisages that it will provide further information
to the market.

It is intended that the funds raised will be utilised to pay existing creditors and maintain a level of
operations to ultimately enable the achievement of cash flow positive operations in 2017. The
Company is committed to further reducing its operating cost profile and to delivering a substantially
more focussed organisation.

In addition, the Company is advancing negotiations in relation to a proposed refinancing and

recapitalisation of the Company. Such recapitalisation may include the sale of the underlying
business and/or the migration of the Company to an overseas exchange.

Steven Goh
Chief Executive Officer

About migme Limited

migme Limited (ASX: MIG | WKN: A117AB) is a global digital media company focused on emerging
markets. Social entertainment services are delivered through mobile apps migme and LoveByte, artist
management community alivenotdead, social news site Hipwee and ecommerce services through Sold
and Shopdeca. The Company is listed and registered in Australia. Headquarters are in Singapore with
offices in Malaysia, Indonesia, Taiwan and Hong Kong. For more information, please
visit http://company.mig.me

migme Limited ABN 43 059 457 279 | Address: c/- Baker & McKenzie, Level 27, AMP Centre, 50 Bridge Street, Sydney
New South Wales, Australia, 2000 | Phone / Facsimile: (+61) 7 3901 0751
HQ: 137 Amoy Street #03-01, Far East Square, Singapore, 049965 | Contact: investor@mig.me | Web: http://company.mig.me