DIGITALX LIMITED — Capital/Financing Update 2016

Dec 7, 2016

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ASX ANNOUNCEMENT 8 December 2016

DigitalX issues Placement Shares

DigitalX Limited (ASX:DCC) ( DCC or the Company ) is pleased to announce that it has today issued 31,940,000 fully paid ordinary shares ( Shares ) in part completion of the placement to professional and sophisticated investors to raise approximately $1.62 million, before costs, as announced to ASX on 28 November 2016 ( Placement ). Merchant Corporate Finance Pty Ltd acted as lead manager to the Placement. The Company also today issued 840,000 Shares to a consultant in part consideration for the provision of services.

The remaining 500,000 Shares to complete the Placement will be issued on refreshment of the Company’s placement capacity, expected to be take place at a general meeting of shareholders in January 2017. Shareholder approval will also be sought at that time for DCC Director Leigh Travers to participate in the Placement for the remaining 500,000 Shares; and for an issue of options to participants in the Placement and the Company’s upcoming Share Purchase Plan on a 1 for 2 basis, exercisable at $0.08 each on or before 8 December 2017.

DigitalX Limited

Leigh Travers Chief Executive Officer T: +61 439 376 847

Media Enquires:

Melissa Mack E: melissa.mack@mcpartners.com.au T: +61 430 119 951

About DigitalX Limited

DigitalX is a Blockchain-based software solutions group disrupting the payments industry. Its products allow consumers to make secure and cost-effective money transfers worldwide. Partners can use DigitalX’s technology to offer new financial products. DigitalX is based in the United States and Australia.