ASF GROUP LIMITED — Capital/Financing Update 2013

Jun 4, 2013

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

5 June 2013

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

Dear Sir/Madam

ASF CAPITAL INVESTMENT FUND

ASF Group Limited (ASX:AFA) (“ ASF ”) is pleased to announce that it has expanded the activities of ASF Capital Pty Limited (“ ASF Capital ”) to include Funds Management. ASF Capital applied for a modification to its Australian Financial Service Licence (“ AFSL ”) and was granted a substantially expanded AFSL on the 7 May 2013. Further in late May 2013 ASF Capital formed an investment fund known as The ASF Capital Investment Fund (the “ Fund ”).

The Fund will target Chinese entrepreneurs and high net worth individuals that are interested in participating in the recently introduced Significant Investor Visa programme announced by the Australian Government. The Fund will seek to make direct and indirect investments in infrastructure and real estate in Australia and otherwise only invest in assets permitted under the Significant Investor Visa programme.

In summary ASF Capital will:

• Create a number of new investment vehicles including the recently created Fund.

• Build on its investment banking activities by assisting Australian companies to access capital from China and advising Chinese businesses with proposals to make acquisitions in Australia or list on the ASX.

• Continue to grow its Funds Management relationships with Asian investment funds which have an emphasis on China, as well as institutional and sophisticated investors in Australia.

In this process ASF Capital will access ASF’s substantial database of Chinese entrepreneurs and investors that has partnered and co-invested with ASF since its inception 7 years ago.

Information about ASF

ASF is unique among ASX-listed public companies in Australia as a creator and facilitator of two-way cross-border investments, trade and technology transfers between China and Australia.

Since its transformation into a Sino-Australian investment and trading house in 2006, ASF has focussed principally on the identification, incubation and realisation of embryonic opportunities in the resources, commodities trading and residential real estate sectors, with a secondary involvement in travel and financial services.

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With the successful monetisation of several of its projects in 2011 & 2012, ASF now has proven expertise in the transformation of early-stage Australian resource opportunities into deliverable projects through joint venturing with its expanding network of major Chinese mining, trading and strategic investor partners.

Information about ASF Capital

On the 9th January 2013 ASF announced that it had acquired the remaining 25% shareholding of ASF Balmoral Pty Ltd making the company a wholly owned subsidiary of ASF.

At that time the company name was also changed to ASF Capital Pty Ltd when it expanded its activities to include Funds Management in addition to its corporate advisory and investment services.

For further information contact:

William Kuan Ph: +612 92519088 Fax: +612 92519066 www.asfgroupltd.com

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