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NEXTED GROUP LIMITED Capital/Financing Update 2016

Feb 28, 2016

65463_rns_2016-02-28_97b4cba9-77d0-4667-8d9c-67843e53fdf6.pdf

Capital/Financing Update

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29 February 2016

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

Celtic Training receives $350K WorkReady Contract Variation

The iCollege Ltd Executive team is pleased to announce that Celtic Training and Consultancy has been awarded an additional 140 funded Certificate III Aged Care places. The value of this training over the next 3 months is $350, 000, this funding has been provided through the Government of South Australia’s WorkReady Program.

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About iCollege Limited:

iCollege Limited is an ASX listed training organisation positioned to become one of Australia's leading educators.

iCollege has a demonstrated commitment and clear strategy to provide ethical and sustainable training to Australian students through over 170 accredited and non-accredited courses. This has enabled the Company to achieve high quality student outcomes, including course completion rates of over 70 per cent of students, against an industry average of around 35 per cent. iCollege students have excellent employment prospects upon graduation and are assisted through iCollege’s growing network of strategic partnerships with peak industry bodies, like the Western Australian Business Association and Clubs Queensland.

Celtic was incorporated in 2005 in response to a need for consistent, quality training in the aged care sector. The company now offers more than 30 qualifications, covering foundation skills through to advanced diplomas in personal care, administration, training & assessment, nursing, health & safety and injury management.

-ENDS-

iCollege Ltd ABN 75 105 012 066 ASX: ICT

P: (08) 6380 2555 Suite 1 Ground Floor F: (08) 9381 1122 437 Roberts Road Email: [email protected] Subiaco WA 6008

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For further Information:

Mr Ross Cotton, Executive Chairman

iCollege Limited

+61 (0) 419 870 363

[email protected]

iCollege Ltd ACN 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: [email protected]

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