CTI LOGISTICS LIMITED — Share Issue/Capital Change 2012

Jun 7, 2012

ABN 69 008 778 925

1 Drummond Place West Perth WA 6005 Postal Address PO Box 400 West Perth Western Australia 6872 Telephone (08) 9422 1100 Facsimile (08) 9227 8000 Email corporate@ctilogistics.com Web www.ctilogistics.com

8 June 2012

Dear Shareholder

Please find enclosed your Holding Statement or Confirmation Notice following completion of the Company's 1 for 5 share issue.

Your free entitlement of new shares has been allocated on the basis of one additional new share for every five ordinary shares ("existing shares") held by shareholders at 5.00pm Western Standard Time on the record date of 1 June 2012. The Company's policy on entitlements in relation to fractions is to round down each individual shareholding.

The Company believes that the cost base of shareholders' existing shares will spread over the existing and new shares for capital gains tax purposes and that shareholders will be deemed to have acquired the new shares on the date when their existing shares were originally acquired.

The above paragraph is not tax advice and is intended as a general quide only. It does not take account of individual circumstances of particular shareholders and does not apply to shareholders who are not residents of Australia for tax purposes. Shareholders should seek advice applicable to their own individual circumstances from their financial or tax advisors.

Yours faithfully

David Watson EXECUTIVE CHAIRMAN