MPR AUSTRALIA LIMITED — Capital/Financing Update 2017

Nov 26, 2017

LAPSE OF UNLISTED OPTIONS

Sydney – 27 November 2017 – 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
TAGAA	A$0.07	180,000	24 November 2017	Participants no longer eligibleto participate in the Plan

Following the above lapse of options, there are 1,965,000 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 over time.

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