ASF GROUP LIMITED — Capital/Financing Update 2013

Nov 17, 2013

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ABN: 50 008 924 570

RIGHTS ISSUE ENTITLEMENT AND ACCEPTANCE FORM

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All correspondence to Boardroom Pty Limited GPO Box 3993 Sydney NSW 2001 Tel: 1300 737 760 (within Aust) Tel: + 61 2 9290 9600 (outside Aust) Fax: + 61 2 9279 0664 www.boardroomlimited.com.au enquries@boardroomlimited.com.au

Name 1 Name 2 Name 3 Name 4 Name 5 Name 6

Entitlement No. Subregister SRN/HIN. Number of Shares held at 7pm on 26 November 2013

Offer Closes: 5pm AEDST 13 December 2013

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NON-RENOUNCEABLE ISSUE OF UP TO 163,303,144 NEW SHARES AT AN ISSUE PRICE OF 10 CENTS EACH ON THE BASIS OF 1 NEW SHARE FOR EVERY 2 ORDINARY SHARES HELD, PAYABLE IN FULL UPON ACCEPTANCE OF THIS OFFER.

A Rights Acceptance

If you wish to accept your FULL ENTITLEMENT please complete and return this form WITH YOUR PAYMENT FOR THE AMOUNT SHOWN BELOW . The return of this form by the close date with payment will constitute acceptance of the Offer. Your signature is only required when an alteration to your address is indicated by you over the page.

Entitlement to New Shares on the basis of 1 New Share for 2 Ordinary Share held
		Amount Payable for Full Acceptance, at $0.10 per New Share
	Price Per Share
	$0.10 per Share =
If you wish to acceptPART ONLY OF YOUR ENTITLEMENTplease complete this form showing in the box below theNUMBER OF NEW SHARES BEING ACCEPTEDand the appropriate amount payable.
Number of New Shares accepted	Price Per Share	Amount Enclosed
		$
	$0.10 per Share =

If you wish to accept PART ONLY OF YOUR ENTITLEMENT please complete this form showing in the box below the NUMBER OF NEW SHARES BEING ACCEPTED and the appropriate amount payable.

B Payment

Payment may only be made by cheque or money order. Cash will not be accepted via the mail or at the ASF Group Limited Share Registry. Payments cannot be made at any bank.

Cheque (Record cheque details below)

DRAWER CHEQUE NO. BSB NO. ACCOUNT NO. AMOUNT $AUD $

• Only cheques or bank drafts in Australian dollars and drawn on a bank or financial institution in Australia will be accepted.

• Your cheque or bank draft must be made payable to ASF Group Limited and crossed Not Negotiable.

• Please ensure that you submit the correct amount. Incorrect payments may result in your application being rejected.

C

Contact Details

CONTACT NAME	TELEPHONE WORK	TELEPHONE HOME	EMAIL ADDRESS
	( )	( )

THIS FORM CONTINUES OVERLEAF

By submitting this Application Form to accept the Offer, I/We represent and warrant that I/we have read and understood the Offer Document to which this Application Form relates and declare that this Application is completed and lodged according to the Offer Document and the instructions on the reverse of the Application form and declare that all details and statements made by me/us are complete and accurate. I/We agree to be bound by the constitution of ASF Group Limited and agree to the terms and conditions of the Offer under the Offer Document. I/We represent and warrant that I/we have not relied on any other information provided by the Company other than as set out in the Offer Document when making my/our decision to invest.

LODGEMENT INSTRUCTIONS TO APPLICANTS

Please read these instructions carefully

ACCEPTANCE OF YOUR ENTITLEMENT IN FULL OR PART

Multiply the number of New Shares for which you are accepting by $0.10 then fill in the acceptance details, where necessary, in the space provided on the front of this form. Complete your cheque details on the front of this form and send your cheque/draft and completed form to:

Boardroom Pty Limited GPO Box 3993 SYDNEY NSW 2001

Telephone No. 02 9290 9600 Facsimile No. 02 9279 0664

Please ensure you allow sufficient time for your documents to be received by the closing date as late applications will be rejected.

If you do not deal with your entitlement it will lapse at 5.00 pm AEDST on 13 December 2013.

PAYMENT

Cheque or Draft

All cheques or drafts (expressed in Australian currency) are to be made payable to “ ASF Group Limited and crossed “Not Negotiable”.

PAYMENT - OVERSEAS RESIDENTS

Overseas shareholders who are permitted to apply for shares must obtain a draft in Australian currency payable on a bank in Australia, or where the shareholder has an account with a bank in Australia, by a cheque drawn on that bank within Australia.

The Australian currency draft should be attached to your completed form and the document mailed to:

Boardroom Pty Limited GPO Box 3993 SYDNEY NSW 2001

OVERSEAS SHAREHOLDERS ARE ADVISED TO ENSURE THEIR DOCUMENTS ARE POSTED TO AUSTRALIA BY AIRMAIL AND TO ALLOW SUFFICIENT TIME FOR THEM TO BE RECEIVED BY THE CLOSING DATE 5.00 pm AEDST 13 DECEMBER 2013 AS LATE APPLICATIONS WILL BE REJECTED.

Personal cheques drawn on overseas banks in Australian or any foreign currency will not be accepted. These will be returned and the acceptance deemed to be invalid.

INTERPRETATION

Terms used in this Entitlement and Acceptance Form have the same meaning as defined in the Offer Document.

CHANGES OF ADDRESS SUPPORTED BY YOUR SIGNATURE(S)

If your address is not exactly as shown, please provide details below. This is only relevant for Issuer Sponsored registered holdings. CHESS holders must notify your sponsoring broker for amendments to holdings on the CHESS Subregister.

CHANGE OF ADDRESS DETAILS – ISSUER SPONSORED ONLY SIGN HERE FOR ADDRESS AMENDMENTS: Shareholder 1 (Individual) / Joint Shareholder 2 (Individual) / Joint Shareholder 3 (Individual) / Sole Director & Sole Company Director Director/Company Secretary Secretary (Delete one)

Privacy Statement:

Boardroom Pty Limited advises that Chapter 2C of the Corporations Act 2001 (Cth) requires information about you as a shareholder (including your name, address and details of the shares you hold) to be included in the public register of the entity in which you hold shares. Information is collected to administer your share holding and if some or all of the information is not collected then it might not be possible to administer your share holding. Your personal information may be disclosed to the entity in which you hold shares. You can obtain access to your personal information by contacting us at the address or telephone number shown on the Application Form.

Our privacy policy is available on our website (http://www.boardroomlimited.com.au/Privacy.html).