PEET LIMITED — Capital/Financing Update 2013

Jun 30, 2013

Perth

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www.peet.com.au

Level 7, 200 St Georges Terrace Perth WA 6000 Telephone (08) 9420 1111 | Facsimile (08) 9481 4712 Email perth@peet.com.au

1 July 2013

PEET LIMITED COMPLETES SHARE PURCHASE PLAN

Peet Limited (“ Peet ”) confirms that it has raised approximately A$3.4 million from existing shareholders under the Share Purchase Plan (“ SPP ”) and that it has accepted in full all applications which complied with the SPP terms and conditions.

The issue price for new Peet shares issued under the SPP will be A$1.15 per share, which is the same price as the institutional placements and Chairman’s placement, which were completed earlier this year and raised a total of A$124 million. Approximately three million new Peet shares will be issued to participating eligible shareholders under the SPP.

The proceeds of the SPP, the institutional placements and the Chairman’s placement are expected to be used to fund the acquisition of CIC Australia Limited (“ CIC ”) (including transaction costs); for additional working capital to support the repayment of the CIC multi-option facility (if appropriate); to deliver Peet’s existing projects; reduce debt and invest in new opportunities.

It is expected that the new shares will begin trading on ASX on 5 July 2013. Holding statements detailing the allocation of new Peet shares under the SPP are expected to be despatched to applicants on 5 July 2013.

For investor inquiries, contact: For media inquiries, contact: Brendan Gore Marie Mills Managing Director and Chief Executive Officer Mills Wilson Communication Consultants Peet Limited 0418 918 202 (08) 9420 1111 mariem@millswilson.com.au

Important notice

Nothing contained in this announcement constitutes investment, legal, tax or other advice. You should make your own assessment and take independent professional advice in relation to the information and any action on the basis of the information.

Certain statements made in this release are forward-looking statements. These forward-looking statements are not historical facts but rather are based on Peet’s current expectations, estimates and projections about the industry in which it operates, and beliefs and assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Peet, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Peet cautions shareholders and prospective shareholders not to place undue reliance on these forward-looking statements, which reflect the view of Peet only as of the date of this release. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Peet will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.

Perth | Melbourne | Brisbane Enriching lives since 1895 | Asset Manager | Land Syndicator | Fund Manager Peet Limited | ACN 008 665 834