CLEARVIEW WEALTH LIMITED — Capital/Financing Update 2012

Jul 10, 2012

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MARKET RELEASE

ClearView Market Update – Distribution Expansion and Growth in Life Insurance In Force Premium

SYDNEY, 11 July 2012 :

ClearView Wealth Limited (ClearView, ASX: CVW) has further expanded its advice and distribution capabilities and recent new business sales confirm the emergence of significant growth in its life insurance business. These events reflect ClearView’s advice and distribution strategy which includes growing its life insurance business through:

• Recruiting experienced and successful advisers to ClearView’s dealer group; and

• Establishing distribution agreements with third party dealer groups, including independent financial advisers.

ClearView’s recruitment of experienced and successful advisers:

The number of advisers in the ClearView dealer group has increased from 57 at 31 December 2011 to 78 today, reflecting 37% growth in adviser numbers over the period. Since ClearView’s last ASX market release on 2 April 2012:

• A further two financial advice practices joined the ClearView dealer group prior to 30 June 2012 – Daniel Isenhood Pty Limited and Churchill Consulting Services Pty Ltd, increasing the number of ClearView advisers to 70 at 30 June 2012; and

• A further six financial advice practices have joined the ClearView dealer group subsequent to 30 June 2012 – The Leverington Financial Group Pty Ltd, Peter Howard Insurances Pty Ltd, MBA Financial Group Pty Ltd, The Insurance and Superannuation Centre, The Financial Clinic (Vic) Pty Ltd and Centre of Wisdom Pty Ltd, increasing the number of advisers to 78 as at today.

This has also broadened our geographic footprint along the eastern seaboard of Australia.

Establishing distribution agreements with independent advisers:

ClearView’s recently launched life advice product suite, LifeSolutions, has been added to an additional 14 dealer group Approved Product Lists (APLs) since ClearView’s last ASX market release on 2 April 2012. This significantly increases the Group’s access to independent advisers across Australia. ClearView’s LifeSolutions products are now included on 27 APLs, an increase of 350% since 31 December 2011.

Life Insurance Sales and In Force Premium : For the 12 months ended 30 June 2012, life insurance new business premium[1] of $5.2 million was issued (FY11: $1.7 million). This is a significant increase of 206% over 2011. Nearly two thirds of these sales were completed in the June quarter, providing strong momentum for ClearView leading into the new financial year. The majority of the sales momentum has come from LifeSolutions which was launched in December 2011.

1 Life insurance new business premium is defined as the annualised first year premium of new business sales

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At 30 June 2012, ClearView has in force life insurance premiums of $44 million (31 December 2011: $40 million), representing a 10% growth over the six month period.

It should be noted that as these life insurance sales occurred late in the current financial period, they will not have a material impact on the current period reported profit.

ClearView will announce its results for the financial year ended 30 June 2012 on 29 August 2012. Further details will be provided to the market as part of the full year results announcement.

Simon Swanson, Managing Director at ClearView, said “The positive acceptance of our LifeSolutions suite of products and strong life insurance premium growth reflects the early success of our strategy in the retail life advice segment. We believe our progress is testament to our new leading life insurance products and services and the customer focused team at ClearView. ClearView’s strong capital position and our conservatively invested shareholder funds means that we are well positioned for future growth”.

ENDS

For further information, please contact:

Simon Swanson Deborah Johnson Managing Director Manager Investor Relations +612 8095 1588 +612 8095 1310; 0407 324 700 simon.swanson@clearview.com.au deb.johnson@clearview.com.au

About ClearView Wealth Limited

ClearView Wealth Limited is a diversified Australian financial services company with businesses that provide integrated life insurance, wealth management and financial planning solutions. www.clearview.com.au