ECP EMERGING GROWTH LIMITED — Capital/Financing Update 2016

Aug 14, 2016

15 August 2016

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ABN 30 167 689 821 Suite 305, Level 3 343 George Street SYDNEY NSW 2000

Telephone 02 8651 6800 Facsimile 02 8651 6899

www.barrackst.com

Dear Shareholders

OPTIONS

Options in Barrack St Investments Limited (ASX:BST) have ceased trading and will expire at the close of business on 17 August 2016. If these are not exercised by 17 August 2016 they will expire worthless.

If the options are exercised before 17 August 2016:

• you will purchase a share of BST at $1.00 without paying brokerage

• your new shares will be eligible for the indicated 1.5 cent FY16 Final dividend as well as all future dividends when held to the relevant record dates.

BROKERS

In order to assist in the administration of option holders exercising their options, BST will pay a 1.5% stamping fee to brokers who assist in facilitating their clients validly exercising their options before expiry. If you have any queries please contact Boyd Peters, Investor Relations on 0459 233 600.

Thank you for your ongoing support of Barrack Street Investments Limited. If, you have any questions regarding the BST Options, please call the Company Secretary on (02) 8815 5400.

Yours sincerely

BARRACK ST INVESTMENTS LIMITED

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Brian Jones Company Secretary