PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2016

Oct 11, 2016

12 October 2016

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

Dear Sir/Madam

Notice Given Under Section 708A(5)(e) of the Corporations Act

Pursuant to the announcement of a proposed placement by the Company on 22 August 2016, Predictive Discovery Limited has issued and allotted on 12 October 2016, 176,945,000 ordinary fully paid shares ( Shares ) pursuant to a placement to sophisticated and professional investors.

Pursuant to section 708A(5)(e) of the Corporations Act, the Company gives notice that the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act in reliance on section 708A(5).

As at the date of this notice the Company has complied with:

• (a) The provisions of Chapter 2M of the Corporations Act (as applicable to the Company); and

• (b) Section 674 of the Corporations Act.

As at the date of this notice there is no excluded information for the purposed of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed by the Company.

Yours faithfully

==> picture [96 x 58] intentionally omitted <==

Eric Moore Company Secretary

Predictive Discovery Limited PO Box 644, West Perth, WA 6872, Australia, Tel +61 8 6143 1840