SEAFARMS GROUP LIMITED — Capital/Financing Update 2017

Jul 16, 2017

==> picture [595 x 107] intentionally omitted <==

Our Ref: SFG ASX Announce Listing of Options (532)

17 July 2017

ANNOUNCEMENT 532

Market Announcements Office Australian Securities Exchange Level 6 20 Bridge Street SYDNEY NSW 2000

By ASX Online Number of pages: 1 (including this page)

Issue of 126,092,585 listed options under the code SFGO

Further to its announcement on 7 July 2017, Seafarms Group Limited (ASX: SFG) ( Company ) is pleased to confirm the issue of 126,092,585 listed options pursuant to the Option Offers.

The issue of options marks the end of the successful capital raising first announced to the ASX on 2 June 2017, which raised a collective total of $15,131,120.

Please see the Company’s Appendix 3B, released to the market on 7 July 2017, for further information on the Option Offers.

Should you have any queries, please telephone Harley Whitcombe on (08) 9321 4111.

Yours faithfully

Seafarms Group Limited

==> picture [135 x 55] intentionally omitted <==

Harley Whitcombe Director and Company Secretary

==> picture [578 x 129] intentionally omitted <==