SHINE JUSTICE LTD — M&A Activity 2014

Oct 22, 2014

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ASX Announcement

Shine Corporate Limited (SHJ) agrees to acquire Sciaccas Personal Injury and Family Law practice

Overview

Shine Corporate Ltd ( Shine ) is pleased to announce it has acquired Sciaccas Lawyers Pty Ltd and Sciaccas Family Lawyers Pty Ltd. Initial consideration will be $8.75 million with deferred consideration subject to earnouts linked to ongoing and increased financial performance of the acquired entities.

Sciaccas’ founder, Con Sciacca, former federal government minister, has agreed to enter into an employment contract with Shine as a condition of the acquisition and will continue in the business following completion.

Based on initial consideration of $8.75 million, this equates to 4 to 5 times of the estimated FY15 EBITDA, with similar multiples maintained on the payment of deferred consideration for growth in earnings through the earnout period. The acquisition will be funded from Shine’s existing cash and debt facilities and is expected to be earnings per share accretive in FY2015. The acquisition is expected to be fully completed by the end of October 2014, but will contribute to Shine’s earnings from 1 July 2014, being the date the share transfer will take effect.

Strategic Rationale

Shine Managing Director, Simon Morrison said, “this acquisition is an excellent opportunity to leverage Sciaccas’ excellent and long standing relationships with both key clients and industry groups alike. This acquisition is consistent with our ‘inch wide, mile deep’ focus on damages based plaintiff litigation, with Sciaccas complementing Shine’s existing personal injury businesses and providing access to additional channels to market”.

For more Information:

Simon Morrison, Managing Director, Shine Corporate Limited 07 3837 9435 Craig Thompson, Chief Financial Officer, Shine Corporate Limited 07 3837 9431

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Craig Thompson Company Secretary Shine Corporate Limited Level 6, 30 Makerston Street Brisbane QLD 4000

23 October 2014

This announcement contains certain forward-looking statements with respect to the financial condition, results of operations and business of Shine Corporate Limited and certain plans and objectives of the management of Shine Corporate Limited. Such forward-looking statements involve both known and unknown risks, uncertainties, assumptions and other important factors which are beyond the control of Shine Corporate Limited and could cause the actual outcomes to be materially different from the events or results expressed or implied by such statements. Shine Corporate Limited and none of its officers, advisers or any other person makes any representation, assurance or guarantee as to the accuracy or likelihood of fulfilment of any forward-looking statements or any outcomes expressed or implied by any forward looking statements. The information contained in this presentation does not take into account investors investment objectives, financial situation or particular needs. Before making an investment decision, investors should consider their own needs and situation and, if necessary, seek professional advice. To the maximum extent permitted by law, none of Shine Corporate Limited, its directors, employees or agents, nor any other person accepts any liability for any loss arising from the use of this presentation or its contents or otherwise arising out of, or in connection with it.