Mr. Craig Nicol reports

GMG'S THERMAL-XR TO BE APPLIED EXCLUSIVELY & DISTRIBUTED TO GLOBAL OIL AND GAS/LNG INDUSTRY WITH CURRAN INTERNATIONAL

Graphene Manufacturing Group Ltd. has signed a global distribution agreement with Curran International for Thermal-XR and for exclusive application services for the product oil and gas/liquefied natural gas industry. Curran International is a global leader in providing heat transfer technologies to some of the world's largest oil and gas companies. Curran International has completed work for the following companies: Exxon Mobil, BP, Philips 66, Chevron, Shell, Marathon, Citgo, Aramco, Total, Sabic, Motiva, Reliance, ONGC, HMEL, Cenovus, Suncor Energy and Satorp.

Curran International has various field service teams located in Houston, Tex., United States; Edmonton, Alta., Canada; Jubail, Saudi Arabia; Rotterdam, Netherlands; Gujarat, India; and Singapore. Curran International has completed over 250,000 projects around the world over the past 45 years, safely providing heat transfer equipment solutions.

Ed Curran, chief executive officer of Curran International, commented: "We look forward to working with GMG and bringing GMG's Thermal-XR graphene coating technology to our existing and new clients. The combination of additional heat transfer properties and high corrosion resistance makes Thermal-XR a very compelling proposition for the oil and gas/LNG industry."

Craig Nicol, chief executive officer and managing director of the company, commented: "We look forward to working with Ed and his amazing team at Curran International. They have built up a broad range of technologies and services over many years in servicing one of the largest industries, and we are pleased to be able to add Thermal-XR to this range."

Jack Perkowski, chairman and non-executive director of the company, commented: "This arrangement with Curran International is a significant step in GMG's global commercialization strategy for Thermal-XR. Gaining access to Curran International's established relationships with the world's leading oil and gas and LNG companies -- including ExxonMobil, BP, Shell, Chevron and Saudi Aramco -- provides GMG with immediate reach into one of the most demanding and high-value industrial sectors in the world. The fact that a specialist with over 45 years of experience and more than 250,000 completed projects has chosen Thermal-XR as a core part of its offering is a strong validation of the technology's performance and commercial potential. We see this as a meaningful step in building the substantial recurring revenue base that will drive long-term value for GMG shareholders."

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing is an Australian-based clean technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured through in-house production process. Graphene Manufacturing uses its own proprietary production process to decompose natural gas (that is, methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high-quality, low-cost, scalable, tunable and low/no-contaminant graphene suitable for use in clean technology and other applications.

The company's present focus is to derisk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, Graphene Manufacturing has initially focused on graphene enhanced heating, ventilation and air conditioning coating (or energy saving coating), which is being marketed into other applications, including electronic heat sinks, industrial process plants and data centres. Another product Graphene Manufacturing has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, Graphene Manufacturing and the University of Queensland are working collaboratively with financial support from the Australian government to progress research and development and commercialization of graphene aluminum-ion batteries. Graphene Manufacturing has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.

Graphene Manufacturing's four critical business objectives are:

1. Produce graphene and improve/scale cell production processes;
2. Build revenue from energy saving products;
3. Develop next-generation battery;
4. Develop supply chain, partner and project execution capability.

We seek Safe Harbor.