PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2021

Jul 18, 2021

19 July 2021

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

Predictive Discovery Limited ( Company ) gives notice to the ASX for the purpose of Section 708A(5)(e) of the Corporations Act 2001 (the ' Act '), that on 19 July 2021 it issued and allotted a total of 81,580,127 fully paid ordinary shares at $0.08 per share ( Shares) to raise $6,526,410.16 (before costs) without disclosure under Part 6D.2 of the Act to sophisticated and institutional investors.

The Shares above are part of a class of securities quoted on ASX and may be subject to a subsequent offer for sale.

The Company notifies ASX under paragraph 708A(5)(e) of the Act that:

1. The Company issued the above Shares without disclosure to the relevant parties under Part 6D.2 of the Act.

2. As at the date of this notice the Company has complied with: (a) The provisions of Chapter 2M of the Act (as applicable to the Company); and (b) Section 674 of the Act.

3. As at the date of this notice there is no excluded information (as defined in paragraphs (7) and (8) of section 708A of the Act) which is required to be disclosed by the Company.

As previously announced, the Company is undertaking ongoing drilling at its Guinea Projects. The Company has recently received assays which are in the process of being compiled and analysed. This information is currently incomplete and not currently able to be released to the market in compliance with the Listing Rules and JORC Code. Accordingly, at this time, the information is not considered to be information that investors and their professional advisers would reasonably require for the purposes of making an informed assessment of the assets and liabilities, financial position and performance, profits and losses and prospects of the Company, or the rights and liabilities attaching to the Shares. The Company provides no statement or assurance regarding the results or outcome of the analysis.

Yours faithfully

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Ian Hobson Company Secretary Predictive Discovery Limited