Slovar Limited — M&A Activity 2011

Dec 8, 2011

MONEY3

MONEY3 Corporation Limited Unit 4, 60-70 Mahoneys Rd Thomastown Vic 3074 – Tel: (03) 9469 8200 Fax: (03) 9460 8300

8th December 2011

ASX Announcements

Takeover of Iconic Tasmanian Institution

The board of Money3 Corporation Ltd (Money3) is pleased to announce the acquisition of Personal Finance Co (PFC), a Tasmanian credit provider who has been operating in Tasmania since 1933.

PFC is a business that turned over more than $1.6m last year and has a database of customers in excess of 10,000. PFC currently has a loan book of around $2.0m and Money3 has been contracted to run this loan book down for PFC as well offering existing customers the right to apply for new loans with Money3 under the same terms and conditions.

The business has been run by the same family for all that time and 3rd generation Managing Director, Mr John Young, said "that after discussion with several parties Money3 stood out as the perfect fit". He added "It is important to me however, that our customers and employees are looked after by a reputable company and Money3 fits that bill."

Money3 currently has 3 branches trading in Tasmania and will broaden its reach by retaining all 5 PFC under their existing brand.

Money3 Chief Executive, Mr Robert Bryant, said "that the cultures of PFC and Money3 are a good fit and the products offered by PFC will compliment the products that are currently offered by Money3". Mr Bryant added "any business that has 3rd generation customers must be doing something right and we intend to continue and expand on their good work. Being a service company, staff are our biggest assets and with PFC this is no exception."

Craig Harris

CFO & Company Secretary

Money3 Corporation Limited

MONEY3 Corporation Limited

ABN: 63 117 296 143

Registered Office: Level 1, 48 High St. Northcote, Vic 3070