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PRAEMIUM LIMITED Earnings Release 2016

Oct 7, 2015

65606_rns_2015-10-07_f4cbda8e-f6a4-40ef-9a3c-b4a5d4a38748.pdf

Earnings Release

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Quarterly Update – Platform assets surpass $4 billion

8 October 2015, Melbourne: Praemium (ASX: PPS) is pleased to advise that platform assets have surpassed $4 billion as at 30 September 2015.

Inflows for the September quarter were the second highest on record with quarterly gross inflows of $445 million, comprising $332 million for the Australian platform and $113 million (£53 million) for the International platform.

Funds under administration at 30 September were $4.1 billion, representing a 42% increase over the prior comparable period. Due to the strong asset inflows, fund levels were up 3.6% over the last quarter despite equity market declines of 8% in Australia and 7% in the UK.

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----- Start of picture text ----- Gross Platform Inflows 4,500 Aust Platform FUA 500Aust ($m) Int ($m)Int 400 3,000 300 200 1,500 100 - -12, 12, 12, 12, 13, 13, 13, 13, 14, 14, 14, 14, 15, 15, 15, 12, 12, 12, 12, 13, 13, 13, 13, 14, 14, 14, 14, 15, 15, 15,Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3----- End of picture text -----

Praemium CEO Michael Ohanessian said, “We have continued last financial year’s strong platform growth momentum into this financial year with our second best quarter for asset inflows. We continue to see strong interest in SMA technology from the Australian advice sector and for Praemium’s market leading solution in particular. Internationally, the successful launch of our Smartfund 80% Protected fund, targeted at the retirement market, is an exciting development that has significant upside potential.

“The pipeline of new business is very encouraging as more and more advice firms turn to SMA technology to deliver superior investor returns, tax effectiveness and business efficiencies. Equally importantly, our new clients are ramping up their adoption of the platform and will continue to drive growth in assets.

“Additionally, our strong financial position enables us to continue to invest in our technology. We are not only continuing to develop our core functionality, but are also delivering on a modern digital, multi-channel client experience.”

About Praemium : Praemium is a global leader in the provision of investment administration, Separately Managed Account (SMA) and financial planning technology platforms. Praemium administers in excess of 300,000 investor accounts covering approximately $80 billion in funds globally, and currently provides services to approximately 900 financial institutions and intermediaries, including some of the world’s largest financial institutions.

For further information contact: Mr Paul Gutteridge, Company Secretary +613 8622 1222