ASHLEY SERVICES GROUP LIMITED — Capital/Financing Update 2017

Jul 25, 2017

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26 July 2017

The Company Announcements Office Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000

Dear Sirs

Extension of termination date of Commercial Cash Advance Facility/Listing Rule Waiver

Ashley Services Group Limited (ASX: ASH) (the Company ) advises that today it has extended the termination date of its Commercial Cash Advance Facility ( Facility ) by one (1) year to 29 October 2018. The Facility is provided by Shrimpton Holdings Pty Ltd ( Shrimpton Holdings ), an entity associated with Mr Ross Shrimpton, Managing Director of the Company, and with shareholders of the Company. The other terms and conditions of the Facility remain unchanged.

The Company also advises that the ASX has rescinded its 3 April 2017 Listing Rule 10.1 Waiver and replaced it with a Listing Rule 10.1 Waiver dated 17 July 2017 to accommodate the abovementioned Facility extension of termination date.

Yours faithfully

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Ron Hollands - Company Secretary

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