COG FINANCIAL SERVICES LIMITED — M&A Activity 2014

Mar 5, 2014

Armidale Investment Corporation Limited

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ABN: 58 100 854 788 Suite 4, Level 9, 341 George Street, Sydney NSW 2000 GPO Box 4325, Sydney NSW 2001 Tel: 02 9299 9690 Fax: 02 9299 9629

The Manager – Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

RECEIPT OF BIDDER’S STATEMENT

6 March 2014 – Armidale Investment Corporation Limited (ASX: AIK) (the “Company”) advises that it has today received a Bidder’s Statement from GEGM Investments Pty. Limited (ACN 074 482 581) (“Bidder”).

The Bidder’s Statement concerns a proportional off-market takeover for 66.67% (2 out of every 3) shares held by each shareholder of the Company at an offer price of $0.075 (7.5 cents) per share (“Offer”).

The Board recommends that shareholders TAKE NO ACTION until the Board has fully considered the Offer. The Company will prepare a Target Statement which will set out the Board’s recommendation in response to the Bidder’s Statement.

For further information please contact:

Andrew Grant Executive Director

David Franks

Company Secretary

0415 166 090 02 9299 9690