COVENTRY GROUP LIMITED — Capital/Financing Update 2018

Oct 4, 2018

ABN 37 008 670 102

235 Settlement Road Thomastown Vic 3074

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5 October 2018

PO Box 526, Thomastown 3074

The Manager ASX Market Announcements ASX Limited Level 40, Central Park 152 - 158 St George's Terrace Perth WA 6000

Tel: (03) 9205.8223 Fax: 1800 008 592 www.cgl.com.au

Dear Manager

Coventry Group Limited (ASX:CYG) - Cleansing notice in respect of placement

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act)

This notice is given by Coventry Group Limited ACN 008 670 102 ( Company or CYG ).

Background

Further to the announcement on 26 September 2018, CYG has now issued and allotted 5,607,060 Shares ( New Shares ) in CYG at $1.15 per Share to raise approximately $6.4 million (before costs) ( Placement ). These New Shares were issued under the Company's Listing Rule 7.1 placement capacity.

Cleansing notice in respect of the Placement

In respect of the Placement, the Company advises as follows:

1. this notice is given within 5 business days after the day on which the New Shares were issued by the Company;

2. the Company has issued the New Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

3. the Company gives this notice under section 708A(5)(e) of the Corporations Act;

4. as at the date of this notice, the Company has complied with:

   • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (b) section 674 of the Corporations Act, and

5. as at the date of this notice, there is no “excluded information” within the meaning of sections section 708A(7) or s708A(8) of the Corporations Act, which is required to be set out under section 708A(6) of the Corporations Act.

An Appendix 3B with respect to the issue of the New Shares under the Placement has been lodged with the ASX by the Company.

Yours faithfully,

Mr Neil Cathie Chairman Coventry Group Limited

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