DXN LIMITED — Capital/Financing Update 2019

Feb 5, 2019

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6 February 2019

ASX Announcement

Cancellation of Share Purchase Plan

The Data Exchange Network Limited (ASX: DXN) ( Company ) wishes to announce that, pursuant to clause 14.1 of the Share Purchase Plan ( SPP ) Terms and Condition announced to the market on 21 December 2018, the Board of Directors have exercised their discretion to cancel the Share Purchase Plan.

The Company’s share price is significantly below the Share Purchase Plan offer price of 15.5 cents, making the SPP offer unattractive.

The Company has no intention to re-issue the Share Purchase Plan at a lower price.

The Company's directors wish to thank all the shareholders who showed their support for the Company by taking up their entitlements. The Company will refund all application monies received to subscribers (without interest) as soon as possible.

On behalf of the board of The Data Exchange Network Limited

George Lazarou Company Secretary

9 Mumford Place, Balcatta, Perth, Western Australia, 6021 T: 08 9288 1870 | E: accounts@dataexchange.io dataexchange.io