IPH LIMITED — Share Issue/Capital Change 2017

May 14, 2017

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ASX Announcement

15 May 2017

IPH Announces upcoming release of Shares from Escrow

IPH Limited (ASX: IPH) today announces the upcoming release of ordinary shares from escrow.

As part of the settlement of the acquisition of Fisher Adams Kelly undertaken on 28 May 2015, 2,515,380 of the shares issued to the vendors were subject to an escrow period of two years from settlement.

Pursuant to ASX Listing Rule 3.10, IPH announces that the 2,515,380 Escrowed Shares will be released from escrow on 28 May 2017.

For more information, please contact: David Griffith, Managing Director John Wadley, Chief Financial Officer Ph: +61 2 9393 0301

About IPH Limited

IPH Limited (“IPH”, ASX:IPH), the holding company of Spruson & Ferguson, Practice Insight, Fisher Adams Kelly Callinans, Pizzeys and Cullens, is the leading intellectual property (“IP”) services group in the Asia‐Pacific region offering a wide range of IP services and products. These services are provided across Australia, New Zealand, Papua New Guinea, the Pacific Islands and Asia from offices in Sydney, Brisbane, Melbourne, Canberra, Singapore, Kuala Lumpur, Jakarta, Shanghai, Beijing, Hong Kong and Bangkok. The group comprises a multidisciplinary team of approximately 470 people, including some of the most highly regarded IP professionals in the Asia‐Pacific region. The team services a diverse client base of Fortune Global 500 companies and other multinationals, public sector research organisations, foreign associates and local clients. IPH is the first IP services group to list on the Australian Securities Exchange.

IPH Limited | Level 35, 31 Market St Sydney, NSW 2000, Australia | www.iphltd.com.au

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