ASF GROUP LIMITED — Capital/Financing Update 2014

Apr 10, 2014

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

11 April 2014

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

Dear Sir/Madam

ASF becomes shareholder of OHL by the sale of ASF Kaili

ASF Group Limited (“ ASF ”) is pleased to announce that it has entered into a Sale and Purchase Agreement with Omnitech Holdings Limited (“ OHL ”) pursuant to which OHL agrees to acquire 100% equity interest in ASF Kaili Resource Pty Ltd (“ ASF Kaili ”) at a consideration of A$605,000, which will be satisfied by the issue and allotment by OHL of 11,000,000 fully paid ordinary shares at A$0.055 each to the shareholders of ASF Kaili.

ASF Kaili currently holds 2 tenements (E04/1433 and E04/1436) in Western Australia and ASF is the ultimate holder of 20% equity in ASF Kaili. Accordingly, ASF will be entitled to 2,200,000 fully paid ordinary shares of OHL as a result of the disposal of its 20% interest in ASF Kaili.

Information about OHL

OHL is an investment holding company, which is listed (but not trading) on the ASX under ASX code OHL and currently holds mineral exploration tenements in Queensland.

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 opportunities across various industries including energy, resource, property, finance and tourism.

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

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