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FIRST AU LIMITED Capital/Financing Update 2018

Mar 14, 2018

64900_rns_2018-03-14_b39d1fd6-de2a-445a-8816-3ad1643e233e.pdf

Capital/Financing Update

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PUBLIC HOLDINGS (AUSTRALIA) LIMITED

A.C.N. 000 332 918

15 March 2018

Public Holdings (Australia) Limited (‘Company’) Net Tangible Assets in accordance with Listing Rule 4.12

The Company announced to the ASX on 17 January 2018 that it is to become a significant WA gold and base metals explorer with agreements to acquire three key assets. The Company proposes to raise up to $7.5 million through a public offering at a subscription price of 4 cents per share, which includes a free 1 for 1 attaching 2-year listed option exercisable at 6 cents per share.

Net Tangible Asset backing of the Company’s quoted securities was $0.0041 per share at 28 February 2018.

For and on behalf of Public Holdings (Australia) Limited

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David McBain Company Secretary

Registered Office: Level 1 / 123 Whitehorse Road, Balwyn Vic. 3103 Australia. Telephone 03 9817 0700 Facsimile 03 9817 0799