FAR LIMITED — Capital/Financing Update 2017

Apr 11, 2017

12 April 2017

Institutional Placement - Cleansing Notice

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

FAR Limited (ASX: FAR) has today issued 669,229,868 ordinary fully paid shares ( Shares ) at an issue price of $0.080 (8.0 cents) per Share. These Shares were issued to institutional and sophisticated investors under the placement announced to the market on 6 April 2017.

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 and without a prospectus for the Shares being issued.

2. As a disclosing entity, FAR is subject to regular reporting and disclosure obligations.

3. 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.

4. 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

Media enquiries

Cath Norman Managing Director Pete Thiessen Company Secretary

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: +61 407 822 319