ARC FUNDS LIMITED — Share Issue/Capital Change 2021

Oct 21, 2021

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Cleansing notice under Section 708A(5)(e) of the Corporations Act (Cth)

Australian Rural Capital Limited (ASX: ARC) ( the Company ) issued 300,000 fully paid Ordinary Shares (Shares) to Directors of the Company (Shares) on 22 October 2021 pursuant to listing rule 10.11 as approved by shareholders at the Annual General Meeting held on 21 October 2021.

Accordingly, the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (C’th) (the "Corporations Act") that:

1. the Shares were issued by the Company without disclosure to investors under Part 6D.2 of the Corporations Act;

2. as at the date of this notice the Company has complied with:

   • a. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • b. section 674 of the Corporations Act; and

3. as at the date of this notice there is no information:

   • a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

   • b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

     • i. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

     • ii. the rights and liabilities attaching to the Shares.

An Appendix 2A with respect to the share issue has been lodged with ASX on 22 October 2021.

ENDS.

By order of the Board of Directors.

For Further Details contact: James Jackson, Executive Chairman Mobile: 0402435762 Email: james.jackson@ruralcapital.com.au