FATFISH GROUP LIMITED — Capital/Financing Update 2015

Jan 11, 2015

Fatfish Internet Group Ltd (ACN 004 080 460) Level 1, 47 Coppin Street Richmond VIC 3121 Australia www.fatfish.co

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12 January 2015

NON-RENOUNCEABLE PRO-RATA RIGHTS ISSUE

Fatfish Internet Group Ltd (ABN 88 004 080 460) (ASX:FFG) announced a nonrenounceable pro-rata entitlement rights issue on 2 January 2015 ( Rights Issue ), pursuant to which eligible FFG shareholders will have the opportunity to apply for 1 new option to subscribe for ordinary shares ( New Option ) for every existing ordinary share held at an offer price of A$0.01 per New Option.

In order to assist with dispersion of any shortfall under the Rights Issue, FFG is proposing to incorporate a shortfall facility under the Rights Issue. Accordingly, a replacement prospectus for the Rights Issue is expected to be lodged on 13 January 2015 which incorporates such a shortfall facility and reflects the amended timetable for the Rights Issue as summarised below. All other terms of the Rights Issue remain the same as announced on 2 January 2015.

Revised Offer Period

The Rights Issue is expected to open for acceptances on Tuesday 13 January 2015. The replacement prospectus and Entitlement and Acceptance Forms will be sent to eligible FFG shareholders on Tuesday 13 January 2015.

The closing date under the Rights Issue has been extended to 5.00pm (Sydney time) on Friday 23 January 2015.

It is anticipated that allotment of the New Options will occur on Monday 2 February 2015 and despatch of holding statements will take place on Friday 6 February 2015.

The Company will seek quotation on the ASX of the New Options issued pursuant to the Replacement Prospectus.

All future dates specified in this announcement are indicative and may be subject to change.

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About Fatfish Internet Group

Fatfish Internet Group Ltd (‘ASX:FFG’) is a Southeast Asian and Australian based Internet venture accelerator. FFG partners with entrepreneurs to help them build and grow Internet businesses via a co-entrepreneurship model.

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FFG’s co-entrepreneurship model provides a collection of resources and expertise at group level to start-up companies. This model provides entrepreneurs with support in important areas such as business strategy, staffing, exit strategy and product development services.

By utilising this pragmatic model FFG becomes a strategic corporate partner that provides the funding, resources and invaluable networks to hasten the growth of promising technology businesses. FFG is actively involved from seed funding stage to exit stage.

Company History

FFG was founded in 2011 in Singapore at the famed “Block 71” start-ups cluster by a team of co-founders that are serial entrepreneurs. All have successful track records in the Internet industry. FFG has dual headquarters located in Singapore and Melbourne, Australia. FFG also operates 2 regional “launch-pad” offices in Malaysia and Indonesia.

FFG is publicly traded on the Australian Stock Exchange (ASX) with its trading symbol “FFG”. The Company listed in July 2014 and is the first Internet accelerator to be traded on the Exchange.

For further question on this release, please contact:

Mr Kin-Wai Lau Ms Daphne Teoh Managing Director Corp. Communication Executive Fatfish Internet Group Fatfish Internet Group lau@fatfish.co daphne@fatfish.co Singapore +65 93203588 Malaysia +6016-314 1898 Australia +61 2 80051688

Media

Matthew Wright Monsoon Communications mattheww@monsoon.com.au +61 3 9620 3333

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