FAR LIMITED — Capital/Financing Update 2016

Jun 5, 2016

6 June 2016

Institutional Placement - Cleansing Notice

Cleansing Notice under section 708AA(5)(e) of the Corporations Act 2001 (Cth)

FAR Limited (ASX: FAR) has today issued 149,734,854 ordinary fully paid shares ( Shares ) at an issue price of $0.085 (8.5 cents) per Share. These Shares represent the second tranche under the placement announced to the market on 15 April 2016. The Shares were approved by shareholders at the General Meeting held on 31 May 2016 and were issued to institutional and sophisticated investors.

FAR hereby gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) to the ASX as follows:

1. The Shares were issued by FAR without disclosure being given to investors under Part 6D.2 of the Corporations Act.

2. As at the date of this notice, FAR has complied with:

   • (i) the provisions of Chapter 2M of the Corporations Act as they apply to FAR; and

   • (ii) section 674 of the Corporations Act, as it applies to FAR.

3. As at the date of this notice, there is no “excluded information” as defined in sections 708A(7) and 708A(8) of the Corporations Act in relation to the Company.

Cath Norman Managing Director FAR Limited

For more information please contact

FAR Limited Cath Norman Managing Director Gordon Ramsay Executive General Manager Business Development Media enquiries 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