SMART PARKING LIMITED — Capital/Financing Update 2017

Aug 13, 2017

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ASX RELEASE | 14[th] August 2017

Smart Parking Limited (ASX:SPZ) Secures Hobart City Council Contract

Highlights

• Smart Parking wins contract with Hobart City Council valued at approximately $0.8m

• Smart Parking will provide 2,100 sensors to give Hobart residents real-time parking data

• Smart Parking extends contract with Hamilton City Council valued at approximately $0.1m

14[th] August, 2017 - Global parking business Smart Parking Limited (ASX:SPZ) (‘Smart Parking’ or ‘the Company’) Smart Parking is pleased to announce it has secured a new contract in Australia and expanded a recent win in New Zealand worth approximately $0.9m combined.

Smart Parking will partner with Australian Parking and Revenue Control (APARC) in Hobart and provide 2,100 sensors that give residents real-time data on available parking spaces.

Smart Parking is also pleased to announce its continued expansion in New Zealand with a contract extension at Hamilton City Council. Recently SPZ announced winning a contract with Hamilton City Council to install 945 sensors in the City. However, since commencing this installation the council has expanded the project by a further 400 sensors.

CEO Commentary

Smart Parking CEO Paul Gillespie: “We are proud to announce the new contract with Hobart City Council. The continued uptake of our systems in Australia and beyond further cements our position as a world leader in the design, development and management of parking technology. We are also pleased to be working with APARC, which distributes machines made by Parkeon, a major player in parking management solutions”.

Ends.

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----- Start of picture text ----- Auckland Smart Parking Limited ABN 45 119 327 169 BirminghamNew Zealand 854 Lorimer Street, Port Melbourne VIC 3207 Australia United KingdomPhone: +61 (03) 8644 4021----- End of picture text -----

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Contact Smart Parking

Smart Parking

Paul Gillespie Chief Executive Officer paul.gillespie@smartparking.com

Richard Ludbrook Chief Financial Officer richard.ludbrook@smartparking.com

Media & Investor Enquiries

Julia Maguire T: +61 419 815 386 investorinfo@smartparking.com

www.smartparking.com

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Smart Parking Limited (ASX:SPZ) | A Global Parking Business

Smart Parking is leading the way in the delivery of proven, fully integrated end-to-end information technology that results in a transformation of the complete parking experience. This is based upon the ongoing exclusive innovations being progressively delivered and the extensive experience which it has developed. With over 55,000 vehicle detection sensors installed in 16 countries, in some of the industry’s largest deployments Smart Parking has achieved the position of holding the largest market share of the global intelligent parking sensor and integrated smart parking services market. To learn more please visit: www.smartparking.com

Australian Parking and Revenue Control (APARC)

APARC is a leading-edge parking product provider and the sole distributor of Parkeon Parking Meters in Australia and New Zealand. APARC’s “Connected Cities” venture is an Australian/ New Zealand first with meters, sensors, permits, enforcement, payment processing, and mobile phone parking all under one roof. APARC’s clients include the city councils such as Bunbury, Darwin, Townsville and Fremantle and universities such as the University of New South Wales and Monash. To learn more please visit: http://aparc.com.au

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----- Start of picture text ----- Auckland Smart Parking Limited ABN 45 119 327 169 BirminghamNew Zealand 854 Lorimer Street, Port Melbourne VIC 3207 Australia United KingdomPhone: +61 (03) 8644 4021----- End of picture text -----