FATFISH GROUP LIMITED — Capital/Financing Update 2018

Jun 24, 2018

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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne Victoria 3000 Australia www.fatfish.co

25 June 2018

ASX Release

Listing Rule 3.10.5A Notice

Fatfish Internet Group Limited (“Company”) released an Appendix 3B today, 25 June 2018 following a placement by the Company under Listing Rule 7.1A. In accordance with Listing Rule 3.10.5A, the following information is provided.

1. The capital raising resulted in a dilution of 6.62% to existing shareholders, based on the number of fully paid ordinary shares on issue prior to the capital raising utilizing Listing Rule 7.1A.

Further details of the approximate percentage of the issued capital post the placement held by pre-placement shareholders and new shareholders are as follows:

Shareholder category	Holding preplacement	Holding postplacement
Pre-placement security holders who did notparticipate in the placement	99%	92%
Pre-placement security holders who didparticiate in the placement	1%	4%
Participants in the placement who were notpreviously securityholders	-	4%
Total	100%	100%

1. The shares were issued for cash consideration. The Company required capital to expand for working capital and to expand the APAC Crypto mining operations and the Epsilon Fund of Funds. The capital was required in the short term and placement utilising Listing Rule 7.1A was considered the most appropriate and efficient mechanism;

2. The issue was not underwritten;

3. A fee of 7% on funds raised will be paid to Sanlam Private Wealth who assisted with the capital raising.

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About Fatfish Internet Group

Fatfish Internet Group Ltd (ASX Code: FFG) is a publicly traded international venture investment and development firm. FFG partners with entrepreneurs and experienced executives to build and grow tech businesses via a co-entrepreneurship model. FFG focusses

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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne Victoria 3000 Australia www.fatfish.co

on emerging global technology trend, specifically FFG has been investing strategically across various sectors of cryptocurrency, fintech and consumer internet technologies.

FFG operates from its international venture hubs located in Singapore, Kuala Lumpur and Stockholm.

For more information, please contact:

Jane Morgan + 61 (0) 405 555 618 ir@fatfish.co or visit www.fatfish.co