ASF GROUP LIMITED — Capital/Financing Update 2018

Mar 1, 2018

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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

2 March 2018

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

Dear Sir/Madam

Extend Facility to Rey Resources Ltd

ASF Group Limited (“ ASF” ) advises that it has agreed to extend the facility amount and maturity date for the $1.5 million loan facility (“ Facility ”) granted to Rey Resources Limited (“ Rey ”), as announced on 18 December 2017. The Facility amount will be increased to $2 million and the new maturity date is 31 December 2019.

The other terms and conditions of the Facility remain unchanged.

Information about ASF

ASF Group Limited (ASX: AFA) is unique among ASX-listed public companies as it powers business between the East and West. ASF is an investment and trading house which focuses principally on the identification, incubation and realization of opportunities in areas of synergy between China, Australia, UK and Europe 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.

William Kuan Company Secretary Ph: +612 9251 9088