ASTRON LIMITED — Proxy Solicitation & Information Statement 2012

Mar 25, 2012

Lodge your vote:

Astron Limited ACN 000 285 272

 By Mail: Computershare Investor Services Pty Limited GPO Box 242 Melbourne Victoria 3001 Australia

Alternatively you can fax your form to (within Australia) 1800 783 447 (outside Australia) +61 3 9473 2555

For intermediary Online subscribers only (custodians) www.intermediaryonline.com

For all enquiries call:

(within Australia) 1300 850 505 (outside Australia) +61 3 9415 4000

Scheme Meeting - Proxy Form

 For your vote to be effective it must be received by 10:00am (AEST) on 18 April, 2012

How to Vote on the Item of Business

All your shares will be voted in accordance with your directions.

Appointment of Proxy

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite the item of business. If you do not mark a box your proxy may vote as they choose. If you mark more than one box on the item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of shares you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of shares for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of shares for each in Step 1 overleaf.

A proxy need not be a shareholder of the Company.

Signing Instructions

Individual: Where the holding is in one name, the shareholder must sign.

Joint Holding: Where the holding is in more than one name, all of the shareholders should sign.

Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

Attending the Meeting

If you intend to attend the meeting in person, please bring this form to the meeting to assist with registration.

If a representative of a corporate shareholder is to attend the meeting, or if you appoint a body corporate as your proxy, the corporate representative must provide a “Certificate of Appointment of Corporate Representative” prior to admission to the meeting. A form of the certificate may be obtained from Computershare or online at www.investorcentre.com under the "Information" tab, "Downloadable forms".

Comments & Questions: If you have any comments or questions for the company, please write them on a separate sheet of paper and return with this form.

 Turn over to complete the form

 UView the Information Memorandum atdate ou shareholding at at www.investorcentre.com http://astronlimited.com

pdate you shareholding at

Your secure access information is:

Access the Information Memorandum

Review your shareholding

Update your shareholding

 PLEASE NOTE: For security reasons it is important that you keep your SRN/HIN confidential.

139740_RunOns/000001/000002

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Change of address. If incorrect, mark this box and make the correction in the space to the left. Shareholders sponsored by a broker (reference number commences with

’ X ’) should advise your broker of any changes.

I ND

Scheme Meeting - Proxy Form

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----- Start of picture text ----- STEP 1----- End of picture text -----

Appoint a Proxy to Vote on Your Behalf

Please mark to indicate your directions

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I/We being a shareholder/s of Astron Limited hereby appoint

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the Chairman OR of the meeting

 PLEASE NOTE: Please either tick the box marked ' the Chairman of the meeting ' or fill in the name of your proxy. Leave this box blank if you have selected the Chairman of the Meeting. Do not insert your own name(s).

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, as the proxy sees fit) at the Scheme Meeting of Astron Limited to be held at Level 19, 2 Market Street, Sydney NSW 2000 on 20 April 2012 at 10:00am (AEST) and at any adjournment of that meeting.

STEP 2 Item of Business

 PLEASE NOTE: Please tick one of the For, Against or Abstain boxes below. If you do not tick any of the boxes, your proxy may vote as they think fit. If you mark the Abstain box for the item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your votes will not be counted in computing the required majority.

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Approval of the Scheme of Arrangement on the terms set out in the Information Memorandum

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The Chairman of the Meeting intends to vote all available proxies in favour of the item of business.

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----- Start of picture text ----- SIGNSignature of Shareholder(s) This section must be completed.Individual or Shareholder 1 Shareholder 2 Shareholder 3Sole Director and Sole Company Secretary Director Director/Company SecretaryContactContact Daytime / /Name Telephone Date----- End of picture text -----

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