FINBAR GROUP LIMITED — Board/Management Information 2011

Oct 2, 2011

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ASX Release

3 October 2011

Mr Paul Anthony Rengel

The Directors of Finbar Group Limited (“Finbar” or “the Company”) (ASX:FRI) sadly advise that Paul Rengel, Non-Executive Director, passed away at the end of last week as a result of battling with a long term illness.

Paul was Chairman of Finbar for 18 years between 1992 and 2010 before stepping down to become a Non-Executive Director in July 2010. During his tenure as Chairman, Paul presided over Finbar’s transition from a delisted former shipping company to an ASX-listed property development company.

John Chan, Executive Chairman, of Finbar said, “It is with much sadness that we announce that Paul has passed away. He played an instrumental role in repositioning Finbar into a successful property development company and the Board remains very grateful for his significant contribution to the Company’s growth over the past two decades.

He will be greatly missed by our fellow directors, management and staff, many of whom were personally known by Paul. Our deepest sympathies and thoughts are with Paul’s wife, Jeanette, and children at this time.”

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For further information, please visit www.finbar.com.au or contact:

Darren Pateman Managing Director Finbar Group Limited Tel: 08 9474 4460

ABOUT FINBAR

Finbar Group Limited, its controlled entities and its jointly controlled entities, is a property development company whose core business lies in the development of medium to high density residential apartments and commercial property within the State of Western Australia.