ASF GROUP LIMITED — Board/Management Information 2012

Nov 29, 2012

ASF GROUP LIMITED

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ACN 008 924 570 Bennelong, 2/3B Macquarie Street Sydney NSW 2000 Telephone: (61 2) 9251 9088 Facsimile: (61 2) 9251 9066 www.asfgroupltd.com

30 November 2012

The Manager Company Announcements Australian Stock Exchange Ltd 20 Bridge Street Sydney 2000 via: www.asxonline.com

Dear Madam/Sir

APPOINTMENT OF NEW DIRECTOR

ASF Group Limited ( ASF ) is pleased to announce that Mr Yong Jiang has been appointed a Director of ASF by the Board of Directors effective 30 November 2012.

Mr Jiang is the Founder and Chairman of a prestigious business club in Shenzhen. He is also the Founder and General Manager of a diversified media company focusing on the investment and production of films, TV and entertainment programmes based in Beijing. Over the years he has been serving in senior executive positions in a number of Chinese enterprises. Through his involvement in these areas Mr Jiang has established an extensive network of high net worth individuals with successful business experience in China, which should greatly facilitate ASF’s business “partnerships” across China and assist the Company’s future development.

ASF welcomes Mr Jiang to the Board and looks forward to his contribution to the Group’s diverse business segments.

William Kuan Company Secretary Ph: +612 9251 9088 Fax: +612 9251 9066

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