TZ LIMITED — Capital/Financing Update 2017

Oct 22, 2017

TZ Limited ABN 26 073 979 272

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23 October 2017

The Manager Company Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

EXTENSION OF CLOSING DATE FOR NON-RENOUNCEABLE RIGHTS ISSUE

TZ Limited (ASX:TZL) ( Company or TZ ) refers to the offer document released to ASX on 6 October 2017 ( Offer Document ) for the Company's pro-rata non-renounceable rights issue ( Offer ) of fully paid ordinary shares in the capital of the Company ( New Shares ) on the basis of 2 New Shares for every 5 existing shares held at the record date of 11 October 2017 and wishes to advise that it has extended the closing date under the Offer Document by a further 5 business days to 5:00pm ( Sydney time ) on Wednesday 1 November 2017 .

The Company is encouraged by the level of support it has experienced; however, it has been made aware that some shareholders still have not received their Offer Document and acceptance forms in the post. If any eligible shareholders have not received their documentation, please contact the Company directly on +61 2 9222 8890 or email at info@tz.net.

As a result, the revised timetable for the Offer is as follows:

Event	Date
Closing Date* 5pm (Sydney time)	1 November 2017
New shares quoted on a deferred settlement basis	2 November 2017
ASX Notified of under subscriptions	6 November 2017
Issue of New Shares under the rights issue**	8 November 2017
Holding statements are despatched to shareholders**	9 November 2017

• Subject to the Listing Rules, the Directors reserve the right to extend the Closing date for the Offer at their discretion. Should this occur, the extension will have a consequential effect on the anticipated date of issue for the New Shares

** Dates are indicative only

Yours faithfully, TZ LIMITED

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Craig Sowden

Company Secretary

About TZ Limited

TZ Limited (“ TZ ”) is a technology company that is listed on the Australian Securities Exchange. TZ is the leader in SMArt Device™ technology combining state-of-the-art SMA actuated intelligent fastening and locking devices with TZ remote software control. TZ’s systems deliver asset level protection and compelling solutions for security, monitoring and control applications across a number of market segments. The Company currently supplies market leading solutions to major corporations worldwide to the Data Centre industry and in the Automated Parcel Locker and E-Commerce market. For additional information on TZ Limited, please visit www.tz.net.

TZ Limited | Level 11, 1Chifley Square, Sydney, NSW 2000 Australia Phone: +612 9222 8890 Fax: +612 8208 9937