Resonance Health : Response to ASX Price and Volume Query

ASX Release

11 December 2018

Anjuli Sinniah

ASX Limited

Level 40 Central Park 152 - 158 St Georges Terrace PERTH WA 6000

Dear Anjuli,

Resonance Health Limited ("Company") - Price Query

We refer to your letter today in relation to the recent increase in the price of the Company's securities and the volumes of securities traded.

The Company responds as follows, in accordance with the questions and numbering in your letter:

• 1. The Company is not aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities.

• 2. Not applicable.

• 3. Regarding the recent trading in its securities, the Company refers to the ASX announcement dated 3 December 2018 "FDA Clearance Granted for FerriSmart". The Company continues to seek additional collaboration opportunities with various pharmaceutical and therapeutic companies for the use of Resonance Health services. Resonance Health is also actively assessing opportunities to expand core business through acquisitions, to distribute Resonance Health products through channel partners, and to provide distribution services for third-party products and services that fit with the existing Resonance Health core business and distribution network (ASX announcement dated 29 October 2018 "Appendix 4C - quarterly"). As of today, the Company has no immediate knowledge of the date of finalisation of any potentially material information.

• 4. The Company confirms that it is in compliance with the Listing Rules and, in particular, Listing Rule 3.1.

• 5. The Company confirms that the responses to the above questions have been approved by the Board.

Yours faithfully,

Agha Shahzad Pervez Company Secretary

Resonance Health Ltd. ABN: 96 006 762 492

141 Burswood Road, Burswood, WA 6100, AUSTRALIA

Postal: PO Box 71, Burswood, WA, 6100, AUSTRALIAwww.resonancehealth.com T + 61 8 9286 5300

[e-mail]

11 December 2018

Mr Agha Pervez

Company secretary Resonance Health Limited 141 Burswood Road Burswood

WA 6100

By email:[e-mail]

Dear Mr Pervez

Resonance Health Limited ('RHT'): Price Query

We note the change in the price of RHT's securities from a closing price of $0.076 on 10 December 2018 to an intraday high of $0.098 today.

We also note the significant increase in the volume of RHT's securities traded today.

Request for Information

In light of this, ASX asks RHT to respond separately to each of the following questions and requests for information:

• 1. Is RHT aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?

• 2. If the answer to question 1 is "yes".

  • (a) Is RHT relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note that the recent trading in RHT's securities would suggest to ASX that such information may have ceased to be confidential and therefore RHT may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is "yes", you need to contact us immediately to discuss the situation.

  • (b) Can an announcement be made immediately? Please note, if the answer to this question is "no", you need to contact us immediately to discuss requesting a trading halt (see below).

  • (c) If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?

• 3. If the answer to question 1 is "no", is there any other explanation that RHT may have for the recent trading in its securities?

• 4. Please confirm that RHT is complying with the Listing Rules and, in particular, Listing Rule 3.1.

• 5. Please confirm that RHT's responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of RHT with delegated authority from the board to respond to ASX on disclosure matters.

ASX Limited [[Listings]]

When and where to send your response

This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in any event, by no later than 2 PM AWST today Tuesday, 11 December 2018. If we do not have your response by then, ASX will likely suspend trading in RHT's securities under Listing Rule 17.3. You should note that if the information requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall within the exceptions mentioned in Listing Rule 3.1A, RHT's obligation is to disclose the information "immediately". This may require the information to be disclosed before the deadline set out in the previous paragraph.

ASX reserves the right to release a copy of this letter and your response on the ASX Market Announcements Platform under Listing Rule 18.7A. Accordingly, your response should be in a form suitable for release to the market. Your response should be sent to me by e-mail [e-mail]. It should not be sent directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it is in a form appropriate for release to the market, before it is published on the ASX Market Announcements Platform.

Listing Rules 3.1 and 3.1A

Listing Rule 3.1 requires a listed entity to give ASX immediately any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity's securities. Exceptions to this requirement are set out in Listing Rule 3.1A. In responding to this letter, you should have regard to RHT's obligations under Listing Rules 3.1 and 3.1A and also to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 - 3.1B. It should be noted that RHT's obligation to disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the questions set out in this letter.

Trading halt

If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is "yes" and an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request a trading halt in RHT's securities under Listing Rule 17.1. If you wish a trading halt, you must tell us:

• • the reasons for the trading halt;

• • how long you want the trading halt to last;

• • the event you expect to happen that will end the trading halt;

• • that you are not aware of any reason why the trading halt should not be granted; and

• • any other information necessary to inform the market about the trading halt, or that we ask for.

We may require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is granted.

You can find further information about trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions.

Suspension

If you are unable to respond to this letter by the time specified above ASX will likely suspend trading in RHT's securities under Listing Rule 17.3.

Enquiries

If you have any queries or concerns about any of the above, please contact me immediately.

Yours faithfully

Anjuli Sinniah

Senior Adviser, Listings Compliance (Perth)