KELSIAN GROUP LIMITED — Capital/Financing Update 2015

Sep 23, 2015

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24 September 2015

SEALINK TRAVEL GROUP

431-439 King William Street Adelaide, South Australia 5000 Tel (08) 8202 8688 Fax (08) 8202 8686 www.sealinktravelgroup.com.au

The Manager Company Announcements Platform ASX Limited 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Listing Rule 7.1A.4(b) and 3.10.5A information

In relation to the placement of 16,003,730 fully paid ordinary shares advised in the Appendix 3B released to the ASX on 24 September 2015 (Placement), and in accordance with ASX Listing Rules 7.1A.4(b) and 3.10.5A, SeaLink Travel Group Limited (ASX: SLK) (SeaLink) makes the following disclosures in respect of the Placement:

(a) SeaLink issued a total of 16,003,730 fully paid ordinary shares, of which 7,681,492 fully paid ordinary shares were issued under Listing Rule 7.1A and the remaining shares were issued under SeaLink’s 15% placement capacity under Listing Rule 7.1.

The securities issued under Listing Rule 7.1A resulted in the following dilution to existing holders of ordinary securities:

• (i) Number of fully paid ordinary shares on issue prior to the issue of securities under LR 7.1A was 76,814,923.

• (ii) Number of fully paid ordinary shares on issue following this issue of securities under LR 7.1A was 84,496,415.

• (iii) Percentage of voting dilution following the issue is 10%.

(b) SeaLink issued shares as a placement to sophisticated and professional investors as this was considered to be the most expedient mechanism for raising funds in a timely manner, to provide the required level of certainty that the proposed acquisition of Transit Systems Marine will proceed as announced on 18 September 2015.

The Company is grateful for the support of its long-term shareholders. As announced on 18 September 2015, SeaLink will undertake a Share Purchase Plan (SPP) pursuant to which eligible shareholders will be offered the opportunity to apply for new SeaLink shares worth up to $15,000 at the same price as the Placement, $2.50.

(c) The Placement was not underwritten.

(d) The joint lead managers of the placement, Bell Potter Securities Limited, Ord Minnett Limited and Taylor Collison Limited, will in aggregate be paid a fee of 3.5% (excluding GST) of the gross proceeds of the Placement.

Yours sincerely,

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Trevor Waller Company Secretary

SeaLink Travel Group incorporates:

SeaLink Northern Territory and Queensland • Captain Cook Cruises • SeaLink South Australia •

Adelaide Sightseeing • Australian Holiday Centre Adelaide and Sydney • KI Adventure Tours • Kangaroo Island Booking Centre Kangaroo Island SeaLink • TravelLink Technology • Vivonne Bay Lodge

ACN 109 078 257