20 January 2014
Mr. Jeremy Newman
Adviser
Listings Compliance (Perth) ASX Compliance Pty Ltd Level 8 Exchange Plaza
2 The Esplanade
Perth WA 6000
By Email: Jeremy.Newman@asx.com.au Panorama Synergy LtdACN 060 369 048
Dear Jeremy,
Panorama Synergy Limited (the "Company") [ASX Code: PSY] Reply to ASX letter dated 17 January 2014 (ASX Letter)We refer to the ASX Letter and provide the Company's response to each of the questions in a format suitable pursuant to the provisions of Listing Rule 18.7A.
In order to provide a degree of consistency in our response and for referencing purposes, we have adopted, and where relevant, used terms as defined in the ASX Letter, namely: