RURAL FUNDS GROUP — Capital/Financing Update 2014

Oct 8, 2014

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What’s this about?

Effective date: 9/10/2014

 ASX Trade ASX 24  Trading Clearing Settlement Operations Technology Market Data Rules  Compliance Risk  Other

Title

RF Active – Admission and Commencement of Official Quotation of Stapled Securities in Rural Funds Group

Description

Rural Funds Group (Trust) is currently admitted to the official list of ASX Limited (ASX) and its fully paid ordinary units trade under the ASX code RFF.

On 8 October 2014, unitholders in the Trust approved the resolutions necessary to staple the fully paid ordinary units of RF Active (RF Active) to the fully paid ordinary units in the Trust (Stapling Proposal). Unitholders also approved the name of the Trust to be changed to Rural Funds Trust.

The Stapling Proposal will be achieved by RF Active issuing to unitholders of the Trust one RF Active unit for each Trust unit held, so that the units become stapled on a one-for-one basis forming a single class of stapled securities (Stapled Securities). The issue will occur under the product disclosure statement dated 29 August 2014 by way of a distribution being made to Trust unitholders, who in accordance with the Trust and RF Active constitutions, authorize and direct Rural Funds Management Limited, as responsible entity of both the Trust and RF Active, to apply the proceeds of the distribution to subscribe for units in RF Active on their behalf.

RF Active is expected to be admitted to the official list of ASX on Friday 10 October 2014. The new stapled entity will trade as Rural Funds Group.

Official quotation of the Stapled Securities is expected to commence on a deferred settlement basis as part of Group 4 at 10:06:45 am (+/- 15 seconds) AEDT on Friday 10 October 2014.

Quoted Securities: 117,458,512 Stapled Securities

ASX Code: During the deferred settlement trading period: RFFDA.

It is expected that the Stapled Securities’ ASX code will revert to RFF on 22 October 2014, with the commencement of normal (T+3) trading.

Time: 10:06:45 am AEDT (+/- 15 seconds) Date: 10 October 2014 ASX Trade Abbreviation: RURALFUNDS ISIN: During the deferred settlement trading period the ISIN of the Stapled Securities will be: AU0000RFFDA7

At the commencement of normal (T+3) trading the ISIN will return to: AU000000RFF5

Sydney

Home Branch:

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ASX Notice Notice

Industry Classification:4040 - Real EstateRegistered Office:Level 22 King StreetDeakin ACT 2600Phone: 02 6203 9700Fax: 02 6281 5077Company Secretary:Andrea LemmonShare Registry:Boardroom Pty LimitedLevel 7207 Kent StreetSydney NSW 2000Phone: 1300 737 760Fax: 1300 653 459Balance Date:30 JuneCHESS:Participating. RF Active will also operate an issuer sponsored sub-register.State of Incorporation:Australian Capital TerritoryDistribution Policy:N/AActivities:Owning operating agricultural assets and deriving income from rental returns.Unquoted Securities:N/A	Industry Classification:4040 - Real EstateRegistered Office:Level 22 King StreetDeakin ACT 2600Phone: 02 6203 9700Fax: 02 6281 5077Company Secretary:Andrea LemmonShare Registry:Boardroom Pty LimitedLevel 7207 Kent StreetSydney NSW 2000Phone: 1300 737 760Fax: 1300 653 459Balance Date:30 JuneCHESS:Participating. RF Active will also operate an issuer sponsored sub-register.State of Incorporation:Australian Capital TerritoryDistribution Policy:N/AActivities:Owning operating agricultural assets and deriving income from rental returns.Unquoted Securities:N/A
	Phone: 1300 737 760Fax: 1300 653 459ance Date:30 JuneESS:Participating. RF Active will also operate an issuer sponsored sub-registe of Incorporation:Australian Capital Territoryribution Policy:N/Avities:Owning operating agricultural assets and deriving income from rental retuuoted Securities:N/A
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The indicative timetable in relation to the Stapling Proposal is as follows.

Indicative Date	Event
Thursday 9 October 2014	Last day for trading of existing Trust ordinary units on ASX (ASX Code: RFF)
Friday 10 October 2014	Trading commences in Stapled Securities on a deferred settlement basis (ASXCode: RFFDA)
Tuesday 14 October 2014	Record Date for Stapling Proposal
Tuesday 21 October 2014	Despatch of holding statements for Stapled SecuritiesLast day ofdeferred settlement tradinginStapled Securities (ASXCode: RFFDA)
Wednesday22October2014	Trading commences in Stapled Securities on a normal (T+3) basis (ASX Code:RFF)

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ASX Notice Notice

What do I need to do and by when?

Please refer to RFF’s website www.ruralfunds.com.au for further information including the Product Disclosure Statement dated 29 August 2014.

Need more information?

For further information, please call RFF’s Investor Services team on 1800 026 665.

Issued by Stephanie Yong Contact Details +61 2 9227 0602

Disclaimer

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