ASF GROUP LIMITED — Major Shareholding Notification 2014

Jun 15, 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

16 June 2014

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

Dear Sir/Madam

Part Sale of investment in ActivEX Limited

ASF Group Limited (“ ASF ”) is pleased to announce that on June 16, 2014 it has sold 60 million shares of ActivEX Limited (“ AIV ”) to Great Scheme Investments Limited at the price of $0.0175 per share, representing a premium of approximately 52% on the net book value of our costs of investment in AIV.

The proceeds of approximately $1 million will be used as working capital for ASF. After the disposal, ASF will continue to have a 16.1% interest in the issued capital of AIV.

A Form 604 Notice of Change of Interests of Substantial Holder for AIV is attached.

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 energy, resources, property, infrastructure, travel and financial services sectors.

Geoff Baker Director Ph: +612 9251 9088

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