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ASPEN GROUP Capital/Financing Update 2012

Oct 15, 2012

64404_rns_2012-10-15_6ef4bc33-c3ec-4a73-81e4-4b9393e11927.pdf

Capital/Financing Update

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----- Start of picture text ----- Aspen Group LimitedABN 50 004 160 927Aspen Property TrustARSN 104 807 767Level 3, Newspaper House129 St Georges Terrace, PerthWestern Australia, 6000Telephone: 08 9220 8400Facsimile: 08 9220 8401Email: [email protected]----- End of picture text -----

ASX ANNOUNCEMENT 16 October 2012

Settlement of Sale of Equity Interest in St Leonards Private Estate

Further to the announcement of 9 October 2012, Aspen Group (APZ) advises that settlement of the sale of its equity interest in the St Leonards Private Estate syndicate has occurred.

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For further information please contact:

Hugh Martin Brett Fullarton Interim Chief Executive Officer Chief Financial Officer Phone: (+61) 8 9220 8400 Phone: (+61) 8 9220 8400 Email [email protected] Email [email protected]

Aspen Group ASX Announcement 16 October 2012