ASF GROUP LIMITED — Capital/Financing Update 2015

Mar 3, 2015

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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

4 March 2015

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

Dear Sir/Madam

ASF RIGHTS ISSUE COMPLETED

Further to the announcement of ASF Group Limited (“ ASF ”) dated 18 December 2014 and 19 February 2015, ASF is pleased to announced that it has signed a Subscription Agreement with a professional investor for the placement of the remaining 13,832,154 shares under the terms of the pro-rata nonrenounceable 1 for 10 rights issue at an issue price of $0.18 per share (“ Final Placement ”) raising a further $2.5 million.

Shares to be issued under the Final Placement will be subject to an escrow period for 12 months from the date of issue.

Information about ASF

ASF is unique among ASX-listed public companies in Australia. It is a Sino-Australian investment and trading house which focuses principally on the identification, incubation and realization of opportunities in areas of synergy between China and Australia including oil & gas, resources, property, infrastructure, travel and financial services sectors.

William Kuan

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