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STEADFAST GROUP LIMITED Capital/Financing Update 2015

Mar 8, 2015

65758_rns_2015-03-08_3902916d-9ef3-4c0f-92a1-debf441d6e9f.pdf

Capital/Financing Update

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9 March 2015

Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

STEADFAST SUCCESSFULLY COMPLETES FINAL COMPONENT OF $300 MILLION EQUITY RAISING

Please see attached.

Yours faithfully

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Linda Ellis

Group Company Secretary & General Counsel

Steadfast Group Limited ABN: 98 073 659 677 ACN: 073 659 677 Level 3, 99 Bathurst Street, Sydney NSW 2000 t 02 9495 6500 f 02 9495 6565 www.steadfast.com.au

STRENGTH WHEN YOU NEED IT

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MARKET RELEASE 9 March 2015

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Steadfast successfully completes final component of $300 million Equity Raising

  • Retail Entitlement Offer successfully completed, raising approximately $114 million

  • The take-up rate (including applications for additional new shares in excess of entitlements) by eligible retail shareholders was approximately 90%

  • New shares issued under the Retail Entitlement Offer to commence trading on Thursday, 12 March 2015

Further to the announcement made by Steadfast Group Limited (“Steadfast”) (ASX: SDF) on 18 February 2015 regarding the successful completion of its placement to institutional investors (“Placement”) and the institutional component of the 1 for 3 accelerated pro rata nonrenounceable entitlement offer (“Entitlement Offer”, and together with the Placement, the “Equity Raising”), Steadfast is pleased to announce the successful completion of the retail component of the Entitlement Offer (“Retail Entitlement Offer”).

Under the Retail Entitlement Offer, eligible retail shareholders were able to take up their pro rata entitlement and apply for additional new shares up to a maximum of 50% of their entitlement (“Top-Up Facility”). The Retail Entitlement Offer opened on Monday, 23 February 2015 and closed on Wednesday, 4 March 2015, raising approximately $114 million at $1.26 per new share.

The Retail Entitlement Offer was well supported by eligible retail shareholders, with a take-up rate (including applications for additional new shares in excess of entitlements) of approximately 90%. All eligible retail shareholders who subscribed for additional new shares under the Top-Up Facility were allocated the full amount of their eligible application. The resulting shortfall after the allocation of additional new shares under the Retail Entitlement Offer will be allocated to the sub-underwriters of the Retail Entitlement Offer.

Commenting on the outcome of the Equity Raising, Robert Kelly, Managing Director & CEO of Steadfast said, “We are pleased with the strong support from our retail shareholders in addition to the 96% institutional shareholder take-up of the Entitlement Offer. We thank all of our investors who participated in the Equity Raising which enables Steadfast to purchase the Acquisitions announced on 16 February 2015.”

New shares to be issued in relation to the Retail Entitlement Offer are expected to be allotted on Wednesday, 11 March 2015 and commence trading on a normal settlement basis on Thursday, 12 March 2015. Holding statements will be despatched on Friday, 13 March 2015.

For more information, please contact:

Robert Kelly Vanessa Beresford Steadfast Group Limited Steadfast Group Limited Managing Director & CEO Investor Relations Manager +61 2 9495 6535 +61 2 9495 6582 [email protected]

Steadfast Group Limited ABN: 98 073 659 677 Level 3, 99 Bathurst Street, Sydney NSW 2000 t 02 9495 6500 f 02 9495 6565 www.steadfast.com.au