JCURVE SOLUTIONS LTD — Capital/Financing Update 2014

Apr 28, 2014

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29 April 2014

Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E‐Lodgement

CLEANSING STATEMENT AND LISTING RULE 3.10.5A DISCLOSURE

JCurve Solutions Limited ( the Company ) refers to the issue of 50,172,030 shares under the Company’s share placement announced on 17 April 2014.

The shares were issued under the Company’s placement capacity under ASX Listing Rules 7.1 and 7.1A as follows:

1. Issue of 23,921,400 shares at $0.05 per share under the Company’s existing LR7.1 15% placement capacity; and

2. Issue of 26,250,630 shares at $0.05 per share under the Company’s existing LR7.1A 10% placement capacity.

The Company gives notice pursuant to Section 708A(5)(e) of the Corporations Act 2001 ( Act ) that:

• a) The shares referred to above were issued without disclosure to investors under Part 6D.2 the Act in reliance of Section 708A(5) of the Act.

• b) As at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and Section 674 of the Act.

• c) As at the date of this notice there is no excluded information to be disclosed for the purposes of Sections 708A(7) and (8) of the Act.

Information required by Listing Rule 3.10.5A

Further to the Appendix 3B lodged 29 April 2014 for the issue of 50,172,030 fully paid ordinary shares ( Placement ), the Company provides the following information as required under ASX Listing Rule 3.10.5A as follows:

• a) Details of dilution to existing shareholders as a result of the Placement issue:

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‐ Under ASX Listing Rule 7.1 the number of shares to be issued is 23,921,400, which will result in a dilution to existing shareholders of 7.65%.

‐ Under ASX Listing Rule 7.1A the number of shares to be issued is 26,250,630, which will result in a dilution to existing shareholders of 8.39%.

The total dilution to existing shareholders as a result of the Placement is therefore 16.04%.

• b) As part of the Placement the Company has utilised its additional placement capacity under ASX Listing Rule 7.1A. The Company has issued these securities as a placement and not as pro‐rata issue or other type of issue in which existing ordinary security holders would have been eligible to participate because it was considered to be a more efficient and expedient method for raising the funds to achieve its stated objectives. The Placement also allowed the Company to introduce a number of new sophisticated and professional investors to its register.

• c) The allocation of the shares under the Placement was made in conjunction with Taylor Collison Limited. No underwriting arrangements were in place for the Placement.

• d) Fees for the Placement will be 6% (plus GST) of the funds raised by applicable holders of an AFSL.

Yours faithfully

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Sarah Smith Company Secretary