G8 EDUCATION LIMITED — Capital/Financing Update 2012

Feb 23, 2012

ASX Announcement

G8 Education Limited (ASX:GEM)

24 February 2012

Finance Facility Approval

G8 Education Limited is pleased to advise that it has entered into a new syndicated finance arrangement with the Bank of Western Australia. The three components to the facility provide for an overall limit of $56.5 million.

The purpose of the facility is to refinance the existing facility with National Australia Bank currently drawn to $36.8 million and to provide for further acquisitions of child care centres in Australia, with a view to growing the portfolio of child care centres. The facility limit on the first two components is up to $50 million in total. The third component of the facility being $6.5 million will be available for the issue of bank guarantees to landlords, asset leasing and credit card arrangements.

Drawdown of the facility is subject to finalizing a number of conditions precedent usual for this style of arrangement.

G8 Education Limited Managing Director, Chris Scott said: “we are pleased to be in a position to enter into a finance facility with Bankwest. This facility will enable us to continue the positive growth of G8 Education and provide quality child care services to the communities we service.”

ENDS Chris Scott Managing Director T +617 5581 5300

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