PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2019

Oct 23, 2019

24 October 2019

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

Dear Sir/Madam

Information Required Under ASX Listing Rule 3.10.5A

Further to the Appendix 3B lodged on 24 October 2019 for the issue of 73,000,000 fully paid ordinary shares (“Placement”), Predictive Discovery Limited ( ASX:PDI ) provides the following information required under ASX Listing Rule 3.10.5A.

(a) The dilution to existing shareholders as a result of the Placement is as follows:

Number of shares on issue prior to the Placement	295,142,065
Placement issue under Listing Rule 7.1(44,000,000 shares)	14.9%
Placement issue under Listing Rule 7.1A (29,000,000 shares)	9.8%
Total dilution as a result of the Placement	24.7%
Number of shares on issue following the Placement	368,142,065

(b) Although the Company took the decision to raise funds through a placement, it has also announced that it will raise additional funds, up to $500,000, through a Share Purchase Plan. This Plan will be available to all shareholders on the Company’s register at the record date of 15[th] October 2019.

(c) The Placement was not underwritten.

(d) Costs associated with the issue were $43,800, to be paid to brokers associated with the placement.

Yours faithfully

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Eric Moore Company Secretary Predictive Discovery Limited