G8 EDUCATION LIMITED — Capital/Financing Update 2012

Dec 16, 2012

ASX Announcement

G8 Education Limited (ASX:GEM)

17 December 2012

Acquisition of The Learning Sanctuary

Listed Queensland‐based childcare and education centre operator G8 Education Limited (ASX: GEM) is pleased to announce the acquisition and settlement of a further childcare centre in Ormond, Victoria.

The acquisition of the centre was funded from current cash reserves. The purchase price for the centre was $2.4 million, with $2.0m payable at settlement and the balance being conditional on the centre based EBIT target being achieved in the 2013 calendar year. The upfront purchase price represents 4 times anticipated EBIT for the 12 months post settlement.

G8 Education Limited’s Managing Director, Chris Scott, said: ‘The acquisition of this additional centre with 103 licensed places provides G8 Education the opportunity to further expand its presence in Victoria ’.

ENDS Chris Scott Managing Director

G8 Education Limited | ACN 123 828 553 A Suite 27 Pegasus Centre, 42 Bundall Road, Bundall QLD 4217 P PO Box 7092 Gold Coast MC QLD 9726 P 07 5581 5300 F 07 5581 5311 W www.g8education.com E reception@g8education.com