The Board of Directors of XDL wishes to announce that the Company intends to seek its shareholders’ approval for the Proposed Amendments to the Bye-Laws of the Company ("Proposed Amendments") at the forthcoming General Meeting of the Company to be convened on a date to be announced later.

The details of the Proposed Amendments will be issued to the shareholders of the Company in due course.

This announcement is dated 18 April 2019.