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DXN LIMITED Capital/Financing Update 2019

Jun 23, 2019

64806_rns_2019-06-23_9b898fcf-0d9b-4ef5-bcd8-0b5efa72c0b2.pdf

Capital/Financing Update

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24[th] June 2019

ASX Announcement

UPDATE – SYDNEY DATA CENTRE (SYD01)

The Data Exchange Network Ltd ( DXN or the Company ) (ASX:DXN), is pleased to provide the following update on the construction of the Sydney Data Centre (SYD01).

The construction of SYD01 is progressing as planned. The civil works are now complete. The installation of the mechanical services is close to completion, the water storage tanks have been installed along with the evaporative cooling towers. The backup generators are in place and an extended ‘burn-in’ run is scheduled. The incoming telecommunications conduits for fibre services routing to our modules “Telco A” and “Telco B” have been completed. The DXN electrical team is progressing as per the schedule, the containment installation has been completed and all sub cabling has been laid. The photos in the following page provide visual depiction of the construction progress until last week.

Commissioning of all systems and plant is expected to commence in mid-July. The Company will provide further updates upon completion of system commissioning.

Images detailing the progress are listed on pages 2 to 5.

About The Data Exchange Network Ltd (“DXN”)

DXN designs, builds, owns and operates data centres. Offering integrated, customised and tailored solutions to clients, DXN provides businesses with the option of delivering solutions to site through containerised modules, or space in DXN’s modular colocation facilities to suit technical specifications and operational requirements. From a single rack in the colocation facilities through to fully customised Edge Infrastructure, DXN can deliver a range of solutions to meet modern data centre requirements. DXN has achieved an industry first and become the first modular data centre developer in the world to receive both Uptime Institute TIER-Ready III and TIER-Ready IV design review awards.

Ends-

The Data Exchange Network Limited ABN: 46 620 888 548

9 Mumford Place, Balcatta, Perth, Western Australia, 6021 T: 1300 328 239 | E: [email protected]

dataexchange.io

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Chilled water ring main complete

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Generators in position

The Data Exchange Network Limited

ABN: 46 620 888 548

9 Mumford Place, Balcatta, Perth, Western Australia, 6021

T: 1300 328 239 | E: [email protected]

dataexchange.io

2

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Cooling Tower & Water Tanks Installed

9 Mumford Place, Balcatta, Perth, Western Australia, 6021

The Data Exchange Network Limited ABN: 46 620 888 548

dataexchange.io

T: 1300 328 239 | E: [email protected]

3

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Rack cable terminations

The Data Exchange Network Limited ABN: 46 620 888 548

9 Mumford Place, Balcatta, Perth, Western Australia, 6021

dataexchange.io

T: 1300 328 239 | E: [email protected]

4

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Chilled water ring

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Facility Modules

The Data Exchange Network Limited

9 Mumford Place, Balcatta, Perth, Western Australia, 6021

ABN: 46 620 888 548

dataexchange.io

T: 1300 328 239 | E: [email protected]

5

For more information please contact:

Mr Simon Forth CEO Joint Interim T +61 1300 328 239 E: [email protected]

Mr Richard Whiting CEO Joint Interim T: +61 1300 328 239 E: [email protected]

The Data Exchange Network Limited

9 Mumford Place, Balcatta, Perth, Western Australia, 6021

ABN: 46 620 888 548

dataexchange.io

T: 1300 328 239 | E: [email protected]

6