FAR LIMITED — Capital/Financing Update 2015

Nov 22, 2015

23 November 2015

Results of FAR Limited's $15 million Entitlement Offer

FAR Limited ( FAR ) advises that the underwritten non-renounceable pro rata entitlement offer announced on 23 October 2015 on the basis of 1 new fully paid ordinary share in FAR for every 17 shares at an issue price of $0.08 (8 cents) per share ( Entitlement Offer ) to raise approximately $15 million closed on 18 November 2015.

FAR advises that it received valid applications from eligible shareholders to subscribe for approximately $7.1 million under the Entitlement Offer. This consisted of $5.5 million of entitlement acceptances and $1.6 million under the top-up offer. Accordingly, the shortfall under the Entitlement Offer is 99,019,973 shares (approximately $7.9 million). The underwriters to the Entitlement Offer have been notified accordingly.

Issue of all new shares under the Entitlement Offer will occur on Wednesday 25 November and the new shares are expected to commence trading on the ASX on Thursday, 26 November 2015.

The Directors thank all existing shareholders for their continued support of this raising and also welcome all our new shareholders to the FAR register.

Peter Thiessen Company Secretary FAR Limited

For more information please contact

FAR Limited Cath Norman Managing Director Gordon Ramsay Executive General Manager Business Development Media enquires Ian Howarth Collins Street Media

T: +61 3 9618 2550 Level 17, 530 Collins Street W: www.far.com.au Melbourne VIC 3000 Australia E: info@far.com.au T: +61 3 9600 1979