AVA RISK GROUP LIMITED — M&A Activity 2017

Oct 3, 2017

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Company Announcements Platform ASX Limited 20 Bridge Street Sydney NSW 2000

4 October 2017

For immediate release to the market

Update to merger presentation released on 20 September 2017

Included with this announcement is an addendum to the presentation released by FFT on 20 September 2017, which should be read and considered in place of slide 16 of the original presentation.

ENDS

Addendum to presentation (20/9/17) Revised Share Price Comparison

VWAP*	FFT	MSP	FFT Share	% Offer Price
	Share Price#	Share Price#	Price divided	Premium to VWAP
			by 4#
12 month	0.1692	0.0282	0.0423	50.0%
6 month	0.1326	0.0291	0.0332	14.1%
3 month	0.1444	0.0308	0.0361	17.2%
1 month	0.1638	0.0323	0.0410	26.9%
Close Price	0.1550	0.0290	0.0388	33.8%

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• Volume Weighted Average Price

VWAPs were calculated on 18/9/17 and assume offer consideration of 1 FFT share for 4 MSP shares.