STEADFAST GROUP LIMITED — Share Issue/Capital Change 2015

Oct 19, 2015

20 October 2015

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

Dear Sir

APPENDIX 3B

Please see attached an Appendix 3B in relation to the recent issue of shares pursuant to the Company's dividend reinvestment plan.

Yours faithfully

Linka Elli

Linda Ellis Group Company Secretary & Corporate 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

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement. application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, $04/03/13$

Name of entity

Steadfast Group Limited

ABN

98 073 659 677

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

+Class of +securities issued or to $\mathbf 1$ be issued

Ordinary shares

• Number of +securities issued or $\overline{2}$ to be issued (if known) or maximum number which may be issued
• Principal $terms$ of the $\overline{\mathbf{3}}$ +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

6,337,866 ordinary shares

Ordinary fully paid shares (as per constitution)

+ See chapter 19 for defined terms.

4	Do the + securities rank equallyin all respects from the + issuedate with an existing +class ofquoted +securities?If the additional *securities donot rank equally, please state:the date from which they do	Yes
	the extent to which theyfor theparticipatenextdividend, (in the case of adistribution)trust,Orinterest paymentthe extent to which they donot rank equally, other thanrelationtotheinnextdividend,distributionОľinterest payment
5	Issue price or consideration	$1.4060
6	Purpose of the issue(If issued as consideration forthe acquisition of assets, clearlyidentify those assets)	Issue under dividend reinvestment plan
6а	Is the entity an + eligible entitythathasobtainedsecurityholder approval under rule 7.1A?	No
	If Yes, complete sections 6b - 6hin relation to the + securities thesubject of this Appendix 3B, andcomply with section 6i
6b	The date the security holderresolution under rule 7.1A waspassed	N/A
6с	Number of + securities issuedwithout security holder approvalunder rule 7.1	N/A

$\chi$

+ See chapter 19 for defined terms.

• Number of +securities issued 6d with security holder approval under rule 7.1A
• 6e Number of +securities issued $N/A$ with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
• Number of +securities issued | 6f under an exception in rule 7.2
• 6g If *securities issued under rule $N/A$ 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.

6h If *securities were issued under rule $7.1A$ for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

• 6i Calculate the entity's remaining $N/A$ issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
• +Issue dates $\overline{7}$

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8 Number and +class of all +securities quoted on ASX (including the +securities in section 2 if applicable)

Number	+ Class
749,751,634	ORD

$N/A$

$N/A$

$N/A$

14 October 2015

• See chapter 19 for defined terms.

		Number	+ Class
9	Number and + class of all $n/a$+ securities not quoted on ASX(including the + securities insection 2 if applicable)

Dividend policy (in the case of a $\boxed{\text{Target pay out ratio of } 65% \text{ to } 85% \text{ of net}}$ trust, distribution policy) on the profit after tax 10

Part 2 - Pro rata issue

$\mathbf{u}$	securityholderapprovalIsrequired?	N/A
12	Is the issue renounceable or non-renounceable?	N/A
13	Ratio in which the + securitieswill be offered	$\mid N/A$
14	+ Class of + securities to which theoffer relates	N/A
15	+ Recorddatedeterminetoentitlements	N/A
16	Willholdingsdifferentonregisters (or subregisters) becalculatingaggregatedforentitlements?	$\big N/A$
17	Policy for deciding entitlementsin relation to fractions	N/A
18	Names of countries in which theentity has security holders whowill not be sent new offerdocumentsNote: Security holders must be told how their	N/A
	entitlements are to be dealt with.Cross reference: rule 7.7.

+ See chapter 19 for defined terms.

Closing date for receipt of $N/A$ acceptances or renunciations $19$

Y.

+ See chapter 19 for defined terms.

Appendix 3BNew issue announcement

	Names of any underwriters
20		N/A
21	Amount of any underwriting fee	N/A
	or commission
22	Names of any brokers to the $N/A$issue
23	Fee or commission payable to the	N/A
	broker to the issue
24	Amount of any handling fee	N/A
	payable to brokers who lodge
	acceptances or renunciations onbehalf of security holders
25	If the issue is contingent on	N/A
	security holders' approval, thedate of the meeting
26	Date entitlement and acceptanceform and offer documents will be	N/A
	sent to persons entitled
27	If the entity has issued options,and the terms entitle option	N/A
	holdersparticipatetoon
	exercise, the date on whichnotices will be sent to option
	holders
28	Date rights trading will begin (ifapplicable)	N/A
29	Date rights trading will end (ifapplicable)	N/A
30	How do security holders sell	N/A
	their entitlements in full through
	a broker?
31	How do security holders sell part	N/A
	of their entitlements through a
	brokerandaccept forthebalance?

+ See chapter 19 for defined terms.

NT/A How do security holders dispose $32$ of their entitlements (except by sale through a broker)?

+Issue date $33$

N/M

$N/A$

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• Type of +securities 34 (tick one)
• $(a)$ *Securities described in Part 1 lŸ

$(b)$

All other +securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• If the 'securities are 'equity securities, the names of the 20 largest holders of the 35 additional +securities, and the number and percentage of additional +securities held by those holders
• 36 If the *securities are *equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$
  • 10,001 100,000 100,001 and over

37

A copy of any trust deed for the additional +securities

+ See chapter 19 for defined terms.

Entities that have ticked box 34(b)

38	Number of + securities for which+ quotation is sought
39	+ Class of + securities for whichquotation is sought
40	Do the $\pm$ securities rank equally inall respects from the + issue datewith an existing + class of quoted+ securities?
	If the additional + securities do notrank equally, please state:the date from which they dothe extent to whichtheyparticipateforthenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they donot rank equally, other than inrelation to the next dividend,distributioninterestOГpayment
41	Reason for request for quotationnow
	Example: In the case of restricted securities, endof restriction period
	(if issued upon conversion ofanother + security, clearly identify

that other +security)

Number and +class of all 42 *securities quoted on ASX (including the $\frac{1}{4}$ securities in clause $38)$

Number	+ Class

+ See chapter 19 for defined terms.

Quotation agreement

• +Quotation of our additional +securities is in ASX's absolute discretion. ASX $\mathbf{1}$ may quote the 'securities on any conditions it decides.
• We warrant the following to ASX. $\overline{2}$
  • The issue of the 'securities to be quoted complies with the law and is ó not for an illegal purpose.
  • There is no reason why those 'securities should not be granted *quotation.
  • An offer of the *securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the 'securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the 'securities be quoted.
• We will indemnify ASX to the fullest extent permitted by law in respect of any $\overline{\mathbf{3}}$ claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Finda Ellis

Date: 20 October 2015

Sign here:

(Director/Company secretary)

Print name:

== == == == ==

Linda Ellis

Appendix 3B Page 9

+ See chapter 19 for defined terms.

$\overline{\mathbb{R}}$

+ See chapter 19 for defined terms.

Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Part 1

Rule 7.1 - Issues exceeding 15% of capital
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
Insert number of fully paid +ordinarysecurities on issue 12 months before the*issue date or date of agreement to issue
Add the following:
Number of fully paid +ordinary securities$\bullet$issued in that 12 month period under anexception in rule 7.2
Number of fully paid +ordinary securities۰issued in that 12 month period withshareholder approval
Number of partly paid +ordinary$\bullet$securities that became fully paid in that12 month period
Note:$\bullet$Include only ordinary securities here -other classes of equity securities cannotbe addedInclude here (if applicable) the securitiesthe subject of the Appendix 3B to whichthis form is annexedIt may be useful to set out issues of$\bullet$securities on different dates as separateline items
Subtract the number of fully paid +ordinarysecurities cancelled during that 12 monthperiod
"A"

+ See chapter 19 for defined terms.

Step 2: Calculate 15% of "A"
"B"	0.15
	[Note: this value cannot be changed]
Multiply "A" by 0.15
Step 3: Calculate "C", the amount of placement capacity under rule7.1 that has already been used
Insert number of + equity securities issuedor agreed to be issued in that 12 monthperiod not counting those issued:
Under an exception in rule 7.2
Under rule 7.1A
With security holder approval under rule7.1 or rule 7.4
Note:This applies to equity securities, unlessspecifically excluded - not just ordinarysecuritiesInclude here (if applicable) the securitiesthe subject of the Appendix 3B to whichthis form is annexedIt may be useful to set out issues ofsecurities on different dates as separateline items
"C"
Step 4: Subtract "C" from ["A" x "B"] to calculate remainingplacement capacity under rule 7.1
"A" x 0.15
Note: number must be same as shown inStep 2
Subtract "C"
Note: number must be same as shown inStep 3
Total ["A" $\times$ 0.15] - "C"	[Note: this is the remaining placementcapacity under rule 7.1]

+ See chapter 19 for defined terms.

Part 2

Rule 7.1A - Additional placement capacity for eligible entities
Step 1: Calculate "A", the base figure from which the placementcapacity is calculated
"A"
Note: number must be same as shown inStep 1 of Part 1
Step 2: Calculate 10% of "A"
"D"	0.10
	Note: this value cannot be changed
Multiply "A" by 0.10
Step 3: Calculate "E", the amount of placement capacity under rule7.1A that has already been used
Insert number of + equity securities issuedor agreed to be issued in that 12 monthperiod under rule 7.1A
Notes:This applies to equity securities - notjust ordinary securitiesInclude here $-$ if applicable $-$ thesecurities the subject of the Appendix3B to which this form is annexed$\bullet$Do not include equity securities issuedunder rule 7.1 (they must be dealt within Part 1), or for which specific securityholder approval has been obtainedIt may be useful to set out issues of٠securities on different dates as separateline items"E"

+ See chapter 19 for defined terms.

Step 4: Subtract "E" from ["A" x "D"] to calculate remainingplacement capacity under rule 7.1A
"A" $\times$ 0.10
Note: number must be same as shown inStep 2
Subtract "E"
Note: number must be same as shown inStep 3
Total ["A" $\times$ 0.10] – "E"
	Note: this is the remaining placementcapacity under rule 7.1A

N,

+ See chapter 19 for defined terms.