PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2015

Dec 7, 2015

8 December 2015

The Manager Announcements Company Announcements Office ASX Limited PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam

Closure of Renounceable Rights Issue

The Directors of Predictive Discovery Limited (“Predictive” or the “Company”) hereby advise that the renounceable rights issue announced on 12 November 2015 has closed.

Subscriptions were received for a total of 485,850,261 New Shares, raising $971,700.52, resulting in a shortfall of 164,734,082 shares. The underwritten amount exceeds the available shortfall.

Directors would like to thank shareholders for their continuing support for the Company and its activities.

The shortfall will be dealt with in accordance with the procedures set out in the prospectus and results will be advised in due course. The entitlement and shortfall shares will be issued on 10 December 2015.

Yours sincerely

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Eric Moore Company Secretary

Predictive Discovery Limited PO Box 1710, West Perth, WA 6872, Australia, Tel +61 8 6143 1840