OMNI BRIDGEWAY LIMITED — Regulatory Filings 2016

Feb 7, 2016

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RELEASE TO AUSTRALIAN SECURITIES EXCHANGE (“ASX”) MONDAY, 8 FEBRUARY 2016

CASE INVESTMENT PORTFOLIO AS AT 31 DECEMBER 2015

1. Below is a summary of the Group’s Case Investment Portfolio as at 31 December 2015.

Claim value range	(a) Estimated claim value $'000	Number of cases	Proportion of total value	(b) Possible completion FY2016 $'000		(b) Possible completion FY2018 $'000
					(b)
					Possible completion FY2017
					$'000
Less than$10M	90,938	7	3%	5,000	85,938	0
Between$10Mand $50M	543,868	23	17%	86,096	207,191	250,581
Greater than$50M	2,518,916	17	80%	237,493	784,817	1,496,606
Total Portfolio	3,153,722	47	100%	328,589	1,077,946	1,747,187
Australian matters	1,852,300	20	59%	219,000	644,500	988,800
Asian matters	111,000	3	3%	0	25,000	86,000
USA and Canada matters	1,190,422	24	38%	109,589	408,446	672,387
Total Portfolio	3,153,722	47	100%	328,589	1,077,946	1,747,187

• a) This is the Company’s current best estimate of the claims recoverable amount (or remaining recoverable amount if there has been a partial recovery), which may vary over time for a number of reasons, including in respect of non-Australian matters, fluctuations in the exchange rate between the applicable local currency and the Australian dollar, and may be different in subsequent investment portfolio updates when they are published. It considers, where appropriate, the perceived capacity of the defendant to pay the amount claimed. It is not necessarily the same as the amount being claimed by the Company’s client/s in the matter. It is also not the estimated return to the Company from the matter if it is successful. No estimated claim value has been included for any contingently funded matters until all conditions are fulfilled;

• b) The possible completion period is the Company’s current best estimate of the period in which the case may be finalised. The case may finalise earlier or later than in this period. Completion means finalisation of the litigation by either settlement or judgement for or against the funded client. It may not follow that the financial result will be accounted for in the year of finalisation. Completion estimates are prepared and announced on a quarterly basis;

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IMF Bentham Limited ABN 45 067 298 088 GPO Box 5457 Sydney NSW 2001

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• c) Cases which have settled subject to a condition or to Court approval remain in the portfolio at their original value until the condition is fulfilled or approval is given;

• d) A two day mediation in the Westgem matter was ordered by the Court to take place in December 2015. As the mediation concluded without result, the matter is now expected to complete in FY2017; and

• e) Due to delays in the expected trial hearing dates as well as other procedural issues that have arisen in relation to two US matters in particular, completion of these matters has been deferred from FY2016 to FY2017.

• IMF expects to generate average gross revenue of 15% of the portfolio value at the time a matter is completed.

• During the quarter the Group has continued to implement its growth and portfolio diversification strategy. The portfolio includes ten new funded matters.

• The European Joint Venture is pursuing three larger matters which, if funded, could result in an increase in the portfolio claim value (to the Group) of around $200M.

• IMF will continue to update the Portfolio on a quarterly basis.

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Julia Yetsenga Interim Chief Financial Officer