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L1 GROUP LIMITED Capital/Financing Update 2015

Sep 13, 2015

65211_rns_2015-09-13_f805e9d8-fc40-4bd3-a55e-029b6d1d5f88.pdf

Capital/Financing Update

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14 September 2015

The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000

By e-Lodgement

Platinum Asset Management Limited closes IPO at near double the minimum capital sought

Platinum Asset Management Limited ( PTM ) has successfully completed a capital raising of A$292.9 million for listed investment company, Platinum Asia Investments Limited ( PAI ).

The offer closed on Monday, 7 September 2015 and the PAI shares and options will be allotted tomorrow, 15 September 2015 with statements sent to shareholders on 16 September 2015. PAI will be admitted to the ASX official list on 18 September 2015 and will commence trading on Monday, 21 September 2015.

Janna Vynokur Company Secretary

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5590 | Email [email protected] | Website www.platinum.com.au Platinum Investment Management Limited ABN 25 063 565 006 AFSL 221935 trading as Platinum Asset Management[® ]