CODEIFAI LIMITED — Capital/Financing Update 2015

Feb 24, 2015

ASX ANNOUNCEMENT

24 February 2015

The Manager Company Announcements ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

YPB Group Ltd (ASX:YPB), (ASX:YPBO)

LISTING RULE 3.10.5A : INFORMATION REQUIRED

YPB Group Ltd (“YPB”), in regard to the placement of 10,000,000 fully paid ordinary shares and 10,000,000 31 October 2017 Options, provides in accordance with Listing Rule 3.10.5A the following information as the company has utilized its capacity under Listing Rule 7.1A.

10,000,000 Options and 112,571 shares were placed under Listing Rule 7.1 and 9,887,429 shares were placed under Listing Rule 7.1A

-	Details of dilution to existing holders of ordinary securities:-	Details of dilution to existing holders of ordinary securities:-
	Number of ordinary shares on issue prior to placement	109,025,368
	Placement under Listing Rule 7.1: Shares	112,571	0.10%
	Assuming all new options exercised		8.39%
	**Total Dilution under Listing Rule 7.**1		8.49%
	Placement under Listing Rule 7.1A:	9,887,429	8.31%
	Total Dilution (all new options converted)		16.80%
	Total Shares on issue post placement	119,025,368
	Total options on issue post placement	37,970,063

• As equity securities were issued for cash consideration, reason for placement under Listing Rule 7.1A

YPB issued the placement shares to strategic and institutional investors as it was considered to be the most efficient and expedient method for raising the funds required to achieve the Company’s stated objectives. The Company at the same time announced a Share Purchase Plan inviting the participation of existing shareholders.

• Details of underwriting arrangements :- No underwriter

• Fees and costs incurred in issue :- Broker fees of $27,500

Should you have any queries, please contact Robert Whitton on (02) 8263 4000.

Yours faithfully

Robert Whitton Company Secretary