MUSTERA PROPERTY GROUP LIMITED — Capital/Financing Update 2018

Feb 18, 2018

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MUSTERA FUND SETTLES ACQUISITION OF SHOALWATER SHOPPING CENTRE

19[th] February 2018

ASX CODE: MPX

DIRECTORS

Mr Nicholas Zborowski Executive Director

Mr Anthony Ho Non-Executive Director

Mr Benjamin Young Non-Executive Director

Mr Jack Spencer-Cotton Non-Executive Director

CAPITAL STRUCTURE

Mustera Property Group Ltd (ASX:MPX) (Mustera) is pleased to announce that the Mustera Property Fund (Fund) has settled the acquisition of the Shoalwater Shopping Centre (the Centre) for AUD$16.5 million (excluding transaction costs).

The Centre is located approximately 45kms south-west of the Perth CBD on the main thoroughfare of Safety Bay Road with a high exposure corner location on a site of approximately 1.47 hectares. The Centre comprises approximately 4,700m[2] gross leasable area and includes a supermarket, medical centre, tavern and 16 specialty stores, collectively let on long-term leases.

The Fund, which raised $8 million from several private investors, closed fully subscribed in January 2018. Mustera has invested $1.0 million into the Fund equating to 12.5% of the initial units issued.

Mustera’s Executive Director Nick Zborowski said “the success of the capital raising by the Fund demonstrates the depth of Mustera’s investor relations and their appetite for quality real estate investments.”

He added “The Mustera Property Fund offers investors the opportunity to invest in quality Australian real estate assets delivering stable income and the opportunity for capital growth.”

Ordinary Shares: 99.0M Options: 3.0M

ABN 13 142 375 522

15 McCabe Street North Fremantle WA 6159

T : +61 8 9386 7069 E : info@mustera.com.au W : www.mustera.com.au

Nicholas Zborowski Executive Director

Company Enquiries:

Nicholas Zborowski – Executive Director T: +61 8 9386 7069 E: info@mustera.com.au

Mustera Property Group Limited 19[th] February 2018