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ASPEN GROUP Capital/Financing Update 2016

Jul 21, 2016

64404_rns_2016-07-21_b95ff956-6531-46b1-a030-e209ad60c06d.pdf

Capital/Financing Update

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Aspen Group Limited ABN 50 004 160 927

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Aspen Property Trust ARSN 104 807 767 Level 18, 9 Hunter Street Sydney NSW 2000 Telephone: 02 9151 7500 Facsimile: 02 9151 7599 Email: [email protected]

22 July 2016

ASX Market Announcements ASX Limited Exchange Centre, 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

Cancellation of employee performance rights

Aspen Group (ASX: APZ) advises the following Performance Rights to acquire stapled securities in Aspen Group Limited have lapsed or have been cancelled under the terms of the Company’s Performance Rights Plan.

No. of Performance Rights Cancelled Financial Year issued
571,121 FY2014

Following the cancellation of performance rights, the balance of classes on issue is as follows:

102,476,320 Stapled Securities 1,701,869 Performance Rights 1,729,412 Options

Yours faithfully

Mandy Chiang Company Secretary