SHINE JUSTICE LTD — Capital/Financing Update 2015

Oct 21, 2015

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Shine Corporate Ltd (SHJ)

Acquisition of Queensland Law Firm – Best Wilson Buckley Family Law Pty Ltd

Shine Corporate Limited (ASX: SHJ) has completed the acquisition of Best Wilson Buckley Family Law, a leading specialist in the family law sector in Queensland for $5.4M. The acquisition has been largely debt funded with a small scrip component of $0.75M. The transaction is expected to be earnings and EPS accretive in FY16.

Shine’s Managing Director, Simon Morrison, said the acquisition delivers against the strategic expansion plans both in terms of increased contribution from emerging practice areas and through its synergies with our existing personal injury business.

“We’re excited to be welcoming Best Wilson Buckley Family Law into the Shine Group. While Shine has existing family law practices the company has, for some time, been considering a more substantive entry into the family law market in line with our emerging practice area strategy. Best Wilson Buckley gives us the right platform for that entry”.

“Additionally the synergies generated by being able to offer our clients greater support in the area of family law complements our existing personal injury business, which remains the backbone of our firm.”

“We’re also confident the additional capabilities brought into the team through the acquisition, coupled with the alignment of cultures, will fortify Shine’s future earnings growth,” Morrison said.

Key features of the acquisitions are:

• Maximum total consideration of $6.2M

• Cash component of $2.65M upfront, $2M deferred and an earn out of up to $0.8M

• Scrip component $0.75M

• EPS accretive.

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John George Company Secretary 22 October 2015

For more information

Simon Morrison, Managing Director - Shine Corporate Limited 07 3837 9435 Daniel Wilkie, Chief Financial Officer - Shine Corporate Limited 07 3837 9431