TEST SECURITY — Share Issue/Capital Change 2014

Sep 19, 2014

Appendix 3A.4 - Notification of reorganisation of capital - return of capital (cash)

Appendix 3A.4 - Notification of reorganisation of capital - return of capital (cash)

Important Information

Information and documents given to ASX become ASX's property and may be made public.

Please note that two corporate actions on the same security may not run with different record dates if the timetables result in overlapping (but not identical) ex-periods. It is permissible to run different corporate actions with the same record date except in the case of reorganisations - consolidations/splits which cannot run at the same time as any other corporate action for that entity

Denotes minimum information required for first lodgement of this form. *Denotes information that must be provided before or on +business day 0 of the relevant Appendix 6A or Appendix 7A timetable. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

1.1 Name of +Entity

TEST SECURITY

1.2 Registered Number Type other 1.3 ASX issuer code TES

Registration Number 12345678

1.4 The announcement is

New announcement

1.5 Date of this announcement Saturday September 20, 2014

1.6 ASX +Security Code

TES

ASX +Security Description TEST SECURITY

Part 2 - Return of capital conditions, approval requirements and dates

2.1 Is the return of capital conditional?

Yes

2.1a Conditions applicable to the return of capital

Condition Date for determination Is the date estimated Condition met? +Security holder Monday December 1, or actual?** [Select...] approval 2014 Actual

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Appendix 3A.4 - Notification of reorganisation of capital - return of capital

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(cash)

Appendix 3A.4 - Notification of reorganisation of capital - return of capital (cash)

Comments

shareholder approval required

2.2 Is the return of capital a selective reduction of capital

No

Part 3 - Return of capital timetable and details

3.1 +Record date

Monday December 8, 2014

3.2 Does the +entity have quoted options on issue?

No

3.2a Last day for trading in pre-return of capital quoted options

3.3 Effective date. Trading in the re-organised +securities on an "ex return of capital" basis commences. If the +entity has quoted options, trading in the quoted options commences on a +deferred settlement basis. If the +entity's +securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Thursday December 4, 2014

3.4 +Record Date

Monday December 8, 2014

3.4a If the +entity has quoted options, first day for the +entity to send notice to each +security holder, register +securities on a post-return of capital basis and send holding statements.

3.5 *Issue Date (Payment date). If the +entity has quoted options, +deferred settlement market in options ends. Last day for +entity to send notices to +security holders for quoted options they hold. Last day for +entity to register quoted options on a post-reorganised basis Monday December 15, 2014

3.5a If the +entity has quoted options, trading in the options starts on a normal T+3 basis

3.5b If the +entity has quoted options, first settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis

3.6 Currency in which the return of capital is made ("primary currency")

AUD - Australian Dollar

3.7 Return of capital amount per +security

AUD 0.02000000

Part 4 - Other +entity-issued +securities affected by the return of capital

4.1 Will the return of capital affect the exercise price of any +entity-issued options? No

Part 5 - Further information

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Appendix 3A.4 - Notification of reorganisation of capital - return of capital (cash)

Appendix 3A.4 - Notification of reorganisation of capital - return of capital (cash)

5.1 Has the +entity applied for an ATO class ruling in relation to the return of capital? Yes

5.1a Please provide further information on the ATO ruling

ATO ruling info

5.2 Source of funds for return of capital

source of funds

5.3 Further information relating to this return of capital

further info

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Appendix 3A.4 - Notification of reorganisation of capital - return of capital

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(cash)