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EXPERIENCE CO LIMITED Capital/Financing Update 2020

Jan 1, 2020

64892_rns_2020-01-01_634efa2a-e717-41d3-a07a-df0da11c5b0b.pdf

Capital/Financing Update

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ASX RELEASE

2 January 2020

COMPLETION OF SALE OF GBRH

Experience Co Limited (ASX: EXP) refers to the announcement made on 20 December 2019 and advises that the sale of the Great Barrier Reef Helicopters business (“GBRH”) to the Morris Group completed today. The sale is effective from 1 January 2020.

This announcement is authorised by the Directors of EXP.

Investors:

John O’Sullivan, Chief Executive Officer Owen Kemp, Chief Financial Officer Tel: 1300 663 634

About Experience Co Limited (ASX: EXP)

Experience Co Limited (EXP) is an adventure tourism and leisure company. Founded in 1999 in Wollongong, Australia the Group has grown to a diversified adventure tourism business with core activities that include skydiving in Australia and New Zealand and Great Barrier Reef tour and diving and snorkeling experiences. The Group’s operations are located primarily on Australia’s eastern seaboard from the Great Ocean Road in Victoria, to Tropical North Queensland’s Port Douglas, complimented by the skydiving operation in New Zealand located in the world-renowned Queenstown region.

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www.experienceco.com [email protected] T: 1300 601 899

Experience Co Limited ABN 56 167 320 470 ASX:EXP PO Box 5361 Wollongong NSW 2500