ASF GROUP LIMITED — Capital/Financing Update 2013

Apr 29, 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

30 April 2013

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

Dear Madam/Sir

Additional $2m Loan Facility from Star Diamond

Further to the announcement of ASF Group Limited (“ASF”) dated 7 February 2013 in relation to a new loan agreement (“New Loan Agreement”) entered into with Star Diamond Developments Limited (“Star Diamond”), ASF is pleased to announce that Star Diamond agrees to grant a further convertible loan facility of an additional $2 million to ASF, making up a total facility of $10 million.

Save as aforesaid, other terms and conditions set out in the New Loan Agreement remain unchanged. At this stage only $1m of the additional $2m facility has been drawndown.

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 funds management between China and Australia. Since its transformation into a Sino-Australian investment and trading house in 2006, ASF has focused principally on the identification, incubation and realisation of embryonic opportunities across various industries.

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

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