ASF GROUP LIMITED — Capital/Financing Update 2016

Feb 14, 2016

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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

15 February 2016

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

Dear Sir/Madam

Extension of Repayment Date

Further to the announcement of ASF Group Limited (“ ASF ”) dated 30 October 2015 in relation to the granting of $2 million loan facility (“ Facility ”) to Rey Resources Limited (“ Rey ”), ASF advises that it has agreed to extend the repayment date of the Facility to 30 June 2016.

As at the date of this announcement, the Facility has been fully drawn down by Rey.

Information about ASF

ASF Group Limited (ASX: AFA) is unique among ASX-listed public companies. 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.

ASF is part of the S&P/ASX All Ordinaries Index (AOI) which consists of the largest 500 companies listed on the ASX.

Geoff Baker Director Ph: +612 9251 9088