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INGENIA COMMUNITIES GROUP Capital/Financing Update 2015

Aug 30, 2015

65125_rns_2015-08-30_ef888d43-e834-4f20-ad94-b76611b11e86.pdf

Capital/Financing Update

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31 August 2015

Ingenia announces update on DMF sales

Ingenia Communities Group (ASX: INA) advises that the conditional contract in place for the sale of its three DMF villages in Queensland has been terminated due to a key sale condition not being satisfied. Ingenia and the proposed purchaser remain in discussion.

Consistent with an update provided to the market on 25 August, the Group has offers in place in line with book value on its two NSW DMF villages and several interested parties assessing the three larger DMF communities in Western Australia.

Simon Owen, Chief Executive Officer of Ingenia said: "Whilst the termination of the conditional sales contract for the three villages in QLD is disappointing, the Group has other qualified interest in the DMF portfolio, either individually or in one line, which we will continue to progress."

"Allowing for the proposed acquisition of the recently announced Conjola Lakeside park the Group has additional acquisition capacity, with an anticipated LVR of only 30%, towards the lower end of the Group’s policy range of 30-35%."

ENDS

For further information please contact Simon Owen Donna Byrne Chief Executive Officer Group Investor Relations Manager P 02 8263 0501 P 02 8263 0507 M 0412 389 339 M 0401 711 542 [email protected] [email protected]

Ingenia Communities Holdings Limited (ACN 154 444 925), Ingenia Communities Fund (ASRN 107 459 576) and Ingenia Communities Management Trust (ARSN 122 928 410). The Responsible Entity for each scheme is Ingenia Communities RE Limited (ACN 154 464 990) (AFSL415862).

Level 5, 151 Castlereagh St, T 1300 132 946 Sydney NSW 2000, Australia E [email protected]

www.ingeniacommunities.com.au