RAYA GROUP LIMITED (RYG)

name changed to Xped Limited

The securities of the Company will be reinstated to Official Quotation from the commencement of trading on Tuesday, 5 April 2016 following the acquisition of Xped Holdings Limited and compliance with listing rule 11.1.3 and chapter 1 and 2 of the ASX Listing Rules.

The company is pleased to advise that the Company has issued the balance $5,300,000 worth of the public offer shares. This included the $500,000 priority offer to existing shareholders, which was heavily oversubscribed requiring significant scale backs of allocations. The company has begun notifying priority subscribers of final entitlement and processing refunds for the oversubscribed amounts. The Company has now completed the public offer as announced on 18 January 2016, which raised $8 million.

The company releases its constitution.

The company is pleased to advise that today it has completed the acquisition of Xped Holdings Limited pursuant to the heads of agreement announced to the market on 26 October 2015. The Company has issued all of the Xped consideration securities on completion. The Company also wishes to advise that it has partially settled the public offer in the amount of $2,700,000, with the balance of the public offer to settle on 30 March 2016.

Raya Group Ltd wishes to advise that it anticipates that the following securities subject to voluntary escrow will be released from voluntary escrow in accordance with the below indicative timetable: 30,000,000 fully paid ordinary shares issued on 11 November 2015; and 40,000,001 fully paid ordinary shares issued on 25 November 2015.

The company lodges its half yearly report and accounts.

The securities of Raya Group Limited (the "Company") will be suspended from quotation immediately, following receipt of security holder approval to change the Company's activities. The Company's securities will remain suspended until the Company has complied with Chapters 1 and 2 of the Listing Rules in accordance with Listing Rule 11.1.3.

The securities of Raya Group Limited (the "Company") will be lifted immediately, following receipt of an announcement regarding its capital raising. Security Code: RYG

The company releases its corporate governance charter.

The company releases a prospectus for the public offer of 320,000,000 ordinary shares at an issue price of $0.025 each to raise $8,000,000.

Raya Group Limited (ASX: RYG) (the "Company"), is pleased to announce the appointment of EAS Advisors, LLC ("EAS") as North American corporate advisors to the Company.

Raya Group Ltd (ASX: RYG) announces a general public offer for applicants to apply for one new fully paid ordinary share (New Shares) at an issue price of $0.025 per New Share to raise up to $8 million before costs (Offer).   The Prospectus also contains separate offers for a total of 640,000,000 ordinary shares to the Xped Shareholders in connection with the acquisition of Xped Holdings Limited.

Raya respectfully requests a voluntary suspension to continue until Monday 18 January at which time Raya anticipates finalising and lodging the prospectus.

Raya respectfully requests a voluntary suspension to continue until Friday 15th January. Raya anticipates finalising and lodging the prospectus referred to in its Request on or about Friday 15 January 2016 (Prospectus) and requests a voluntary suspension to continue for that period.

The securities of Raya Group Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement in relation to the lodgement of the prospectus. Security Code: RYG

name changed from Panax Geothermal Limited