ASF GROUP LIMITED — Share Issue/Capital Change 2015

Jul 23, 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

24 July 2015

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

Dear Sir/Madam

Release of 12.3 Million Escrow Shares

We refer to the General Meeting of ASF Group Limited (“ ASF ”) held on 8 August 2014 in which shareholders approval was sought for the issue of an aggregate of 12.3 million fully paid ordinary shares of ASF (the “ Incentive Shares ”) to the employees under the ASF Share Plan as well as to the directors, subject to a voluntary escrow period of 12 months from 8 August 2014.

ASF advises in accordance with Listing Rule 3.10A that the Incentive Shares will be released from escrow on 10 August 2015.

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.

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

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