PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2015

Nov 15, 2015

16 November 2015

Dear Shareholder

Renounceable Rights Issue – notice to ineligible shareholders

On 12 November 2015, Predictive Discovery Ltd ( Company ) announced a renounceable pro rata entitlement offer to eligible shareholders of 1 new share for every 1 existing share held at the record date of 7pm (AEDT) on 19 November 2015 ( Offer ). The issue price for the new shares is $0.002.

The Offer seeks to raise up to approximately $1.3M before issue costs and is partially underwritten by CPS Capital for $614,000 with shareholders committing to take up a further $115,000.

Further details of the Offer, including the rights issue timetable and effect on the Company’s capital structure are set out in the Company’s announcement dated 12 November 2015 and the prospectus lodged with ASX on 12 November 2015. The prospectus will be dispatched to eligible shareholders on 23 November 2015. The prospectus will be available on the Company’s and ASX’s websites on that date.

The Company has decided that it is unreasonable to extend the Offer to shareholders with a registered address outside Australia or New Zealand as at the record date ( Ineligible Shareholders ), having regard to the number of such shareholders, their holdings and the compliance costs required to extend Offer to those shareholders.

The purpose of this letter is to inform you that no offer is being made to you and the prospectus will not be sent to you as you are an Ineligible Shareholder.

This letter is neither an offer to issue securities to you nor an invitation for you to apply for the new securities under the Offer.

As the Offer is renounceable, the Company will appoint a nominee to arrange for the sale of the entitlements that would have been given to you. If the entitlements are sold, the proceeds of sale will be distributed to you (after deducting the costs of the sale).

You do not have to take any action in relation to the Offer.

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