NEXTED GROUP LIMITED — Capital/Financing Update 2014

Jul 6, 2014

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ASX Announcement

7 July 2014

Australian Securities Exchange Limited Via e - lodgement – ASX Code ICT

iCOLLEGE LIMITED - DESPATCH OF DOCUMENTS

iCollege is pleased to announce the despatch today of the Rights Issue Prospectus dated 25 June 2014 for a nonrenounceable rights issue of one option to acquire a fully paid ordinary share in the capital of the Company (exercisable at 20 cents on or before the date which is 3 three years from the date of issue) ( Loyalty Option ) for every 3 shares held by shareholders on 2 July 2014 ( Record Date ) to raise up to A$186,736 ( Offer ).

Each shareholder’s entitlement under the Offer will be set out in the Entitlement and Acceptance Form that will accompany the Prospectus.

Acceptance for the Offer of the Loyalty Options will close at 5:00pm WST on 16 July 2014.

Before deciding whether to participate in the Offer, you should consider the terms of the Offer and if any doubt, consult with your professional advisor.

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iCollege Ltd ABN 75 105 012 066 ASX: ICT

Suite 1 Ground Floor 437 Roberts Road Subiaco WA 6008

P: (08) 6380 2555 F: (08) 9381 1122 Email: admin@icollege.net