ASHLEY SERVICES GROUP LIMITED — Share Issue/Capital Change 2016

Sep 26, 2016

Notification of reorganisation of capital - return of capital (cash)

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Notification of reorganisation of capital - return of capital (cash)

Announcement Summary

Entity name

ASHLEY SERVICES GROUP LIMITED

Applicable security for the return of capital

ASH - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

Tuesday September 27, 2016

Return of Capital amount per security AUD 0.00000000

Effective Date

Monday November 28, 2016

Record Date

Tuesday November 29, 2016

Payment Date

Tuesday December 6, 2016

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

ASHLEY SERVICES GROUP LIMITED

Registration Number

1.2 Registered Number Type

ABN 92094747510

1.3 ASX issuer code

ASH

1.4 The announcement is

New announcement

1.5 Date of this announcement

Tuesday September 27, 2016

1.6 ASX +Security Code

ASH

Notification of reorganisation of capital - return of capital (cash)

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Notification of reorganisation of capital - return of capital (cash)

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ASX +Security Description

ORDINARY FULLY PAID

Part 2 - Return of capital type and approvals

2.1 Are any of the below approvals required for the return of capital before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the return of capital.

Yes

2.1a Approvals

Approval/Condition Date for determination Is the date estimated Approval +Security holder Wednesday or actual? received/condition approval November 9, 2016 Estimated met?** No

Comments

2.2 Is the return of capital a selective reduction of capital

Yes

2.2a Date of lodgement of +security holder resolution approving the return of capital with ASIC

Is the date estimated or actual? Estimated

Wednesday November 9, 2016

2.2b Date that is fourteen days after date of lodgement of +security holder resolution approving the capital return with +ASIC Thursday November 24, 2016

Part 3 - Return of capital timetable and details

3.1 +Record date

Tuesday November 29, 2016

3.2 Does the +entity have quoted options on issue?

No

3.2a Last day for trading in pre-return of capital quoted options

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Notification of reorganisation of capital - return of capital (cash)

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3.3 Effective date. Trading in the re-organised +securities on an "ex return of capital" basis commences. If the +entity has quoted options, trading in the quoted options commences on a +deferred settlement basis. If the +entity's +securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Monday November 28, 2016

3.4 +Record Date

Tuesday November 29, 2016

3.4a If the +entity has quoted options, first day for the +entity to send notice to each +security holder, register +securities on a post-return of capital basis and send holding statements.

3.5 *Issue Date (Payment date). If the +entity has quoted options, +deferred settlement market in options ends. Last day for +entity to send notices to +security holders for quoted options they hold. Last day for +entity to register quoted options on a post-reorganised basis Tuesday December 6, 2016

3.5a If the +entity has quoted options, trading in the options starts on a normal T+2 basis

3.5b If the +entity has quoted options, first settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

3.6 Currency in which the return of capital is made ("primary currency")

AUD - Australian Dollar

3.7 Return of capital amount per +security AUD 0.00000000

Part 4 - Other +entity-issued +securities affected by the return of capital

4.1 Will the return of capital affect the exercise price of any +entity-issued options? No

Part 5 - Further information

5.1 Has the +entity applied for an ATO class ruling in relation to the return of capital? No

5.2 Source of funds for return of capital

• N/A - the capital return is for no consideration

5.3 Further information relating to this return of capital

5.4 Additional information for inclusion in the Announcement Summary

Notification of reorganisation of capital - return of capital (cash)

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