SEQUOIA FINANCIAL GROUP LTD — Capital/Financing Update 2014

Aug 26, 2014

==> picture [219 x 57] intentionally omitted <==

ABN 90 091 744 884

MDS FINANCIAL GROUP LIMITED – CLEANSING STATEMENT

27 August 2014

The Manager Company Announcements Australian Stock Exchange Limited

Notice under Section 708A(5)(e) of the Corporations Act 2001

(ASX Code: MWS)

MDS Financial Group Limited ( MWS ) seeks to rely on section 708A(5) of the Corporations Act 2001 ( Act ) and gives notice under section 708A(5)(e) of the Act of the following details:

• (a) on 27 August 2014 MWS issued 115,000,000 ordinary shares at an issue price of 0.4 cent per share under a placement to sophisticated investors, utilising the company’s 15% placement capacity under Listing Rules 7.1 ( Shares );

• (b) MWS issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (c) as at the date of this notice, MWS has complied with:

  • (1) the provisions of Chapter 2M of the Act as they apply to MWS; and

  • (2) section 674 of the Act; and

• (d) as at the date of this notice, there is no information to be disclosed that is “excluded information” within the meaning of section 708A(7) and (8) of the Act.

==> picture [111 x 40] intentionally omitted <==

Andrew Guy Phillips Company Secretary

Level 37, Rialto South Tower 525 Collins Street, Melbourne, VIC 3000 P: +61 3 9617 0600 I F: +61 3 9617 0699

www. mds financial.com.au