SEQUOIA FINANCIAL GROUP LTD — Capital/Financing Update 2014

Aug 26, 2014

27 August 2014

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ASX Announcement & Media Release

MDS Financial Group Limited

ACN 091 744 884

Notifi cation of Placement of Shares under ASX Listing Rule 7.1

Level 37

Rialto South Tower 525 Collins Street Melbourne VIC 3000

T: +61 3 9617 0600 F: +61 3 9617 0699 asx@mdsfi nancial.com.au

ASX Code: MWS

MDS Financial Group Ltd (the “Company” or “Group”) advises that due to the ongoing interest and full allocation of all shares available under the Non-Renounceable Rights Issue, the Company has decided to issue further shares under ASX Listing Rule 7.1 (“Placement Capacity”).

Under the Placement Capacity the Company has the ability to issue up to an additional 15% of the total Issued Capital in the Company.

Following the recent completion of the Rights Issue and Shortfall being fully allocated there are 1,030,166,002 shares on issue as announced to the ASX on 19 August 2014. Therefore the Company has the ability to issue 154,524,900 new shares under the Placement Capacity.

Directors

On 27 August 2014 the Company placed 115,000,000 new shares to two signifi cant strategic investors at a placement price of $0.004. This placement has raised $460,000 in new funds which will provide further balance sheet strength for the Company.

Peter Stirling

Chairman and Non-Executive Director

Richard Symon

Executive Director

The Company is continuing to receive inquiries from existing shareholders and potentially new investors to take a position on the Company, and the Company will consider each on the strategic merit and long-term benefi t of any placement.

Jamie Khoo

Independent Non-Executive Director

Any such placement will be under ASX Listing Rules 7.1 and /or 7.1A which will then be requested to be ratifi ed by the Shareholders at the next General Meeting of the Company.

Secretariat

Andrew Phillips

Company Secretary

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1.03 billion listed shares

Peter Stirling Chairman and Non-Executive Director

END

All market announcements are available to view at www.mdsfi nancial.com.au/asx and at www.asx.com.au For more information please contact:

Richard Symon Executive Director MDS Financial Group Limited Phone: +61 3 9617 0617

Andrew Phillips Company Secretary MDS Financial Group Limited Phone: +61 2 8114 2251

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