MPR AUSTRALIA LIMITED — Capital/Financing Update 2016

Nov 30, 2016

LAPSE OF UNLISTED OPTIONS

Sydney – 1 December 2016 – Tag Pacific Limited (ASX: TAG)

Tag Pacific Limited advises that the following unlisted options have lapsed in accordance with the rules of the Tag Pacific Limited Executive Share Option Plan:

CLASS /ASX CODE	EXERCISEPRICE PEROPTION	NUMBER OFOPTIONSLAPSED	DATELAPSED	REASON
TAGAK	A$0.2779	100,000	30 November 2016	Departure of employee
TAGAM	A$0.2029	42,000

Following the above lapse of options, there are 968,000 unlisted options on issue in Tag Pacific Limited.

ENDS

For further information please contact:

Darrell Godin Company Secretary Tag Pacific Limited T: +61 2 8275 6000

About

Tag Pacific Limited is a Sydney-based investment house listed on the Australian Securities Exchange with a focus on niche areas of the power industry. Tag has invested in a diverse range of companies and activities that have been brought together primarily to operate under the banner of MPower. The company’s mission is to invest in the power industry in a manner that creates and enhances value and achieves above average returns.

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