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ASPEN GROUP Capital/Financing Update 2014

Jun 25, 2014

64404_rns_2014-06-25_c6669611-80df-4f6b-b10f-92b8cad49d3b.pdf

Capital/Financing Update

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Aspen Group Limited ABN 50 004 160 927 Aspen Property Trust ARSN 104 807 767 Level 3, Newspaper House 129 St Georges Terrace, Perth Western Australia, 6000 Telephone: 08 9220 8400 Facsimile: 08 9220 8401 Email: [email protected]

MARKET RELEASE

ASX ANNOUNCEMENT 26 June 2014

SETTLEMENT OF SALE OF SEPTIMUS ROE BUILDING

Aspen Group is pleased to announce that it has settled the previously announced $91 million sale of the Septimus Roe Office Building in Perth.

Aspen Group chief executive Clem Salwin said, “The settlement represents yet another milestone in the delivery of Aspen’s strategic plan to simplify and focus the business on the accommodation sector. It sees our complete exit from the office property market. Proceeds from the sale will substantially repay our debt.”

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For further information please contact:

Clem Salwin Chief Executive Officer & Managing Director Phone: (+61) 8 9220 8400 Email: [email protected]

Adam Marrs Ekamper Chief Financial Officer Phone: (+61) 8 9220 8400 Email: [email protected]

Media enquiries

David Tasker Professional Public Relations Phone: 0433 112 936 Email: [email protected]

Aspen Group ASX Announcement – Septimus Roe sale – June 2014