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ASPEN GROUP Capital/Financing Update 2016

Apr 14, 2016

64404_rns_2016-04-14_5d95f4c2-67fe-4a2f-9951-2ebfa2a2c09a.pdf

Capital/Financing Update

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Aspen Group Limited ABN 50 004 160 927 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]

MARKET RELEASE

ASX ANNOUNCEMENT 15 April 2016

Mill Hill Capital proposal update

Aspen Group (ASX: APZ) refers to its announcement of 23 February 2016 that it had received an unsolicited proposal from Mill Hill Capital (MHC Proposal). The due diligence period as outlined in that announcement has ended. No agreement to proceed with the MHC Proposal has yet been reached. However, the parties continue discussions.

Aspen Group will update the market as appropriate.

End

For further information please contact: For media enquiries: Frank Zipfinger David Tasker Independent Non-executive Chairman Professional Public Relations Phone: (+61) 2 9151 7500 Phone: (+61) 8 9388 0944 Email: [email protected] Mobile: (+61) 433 112 936 Email: [email protected]

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