ASF GROUP LIMITED — Capital/Financing Update 2014

Mar 5, 2014

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ASF GROUP LIMITED

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

6 March 2014

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

Dear Madam/Sir

Additional $1m Convertible Loan Facility

Further to the announcement of ASF Group Limited (“ASF”) dated 21 January 2014 in relation to a new convertible loan facility agreement (“Loan Facility”) entered into with Star Diamond Developments Limited (“Star Diamond”), ASF advises that Star Diamond has agreed to extend the Loan Facility by a further $1 million.

The additional $1 million facility is on the same terms as the Loan Facility, in particular ASF has the sole discretion to either repay by conversion of one or a combination of shares in ASF or its subsidiaries/associates or repay in cash, prior to the maturity date of 30 September 2014. The $1 million facility has been drawndown, making a total outstanding convertible loan amount of $2 million.

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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