TZ LIMITED — Capital/Financing Update 2017

May 4, 2017

TZ Limited ABN 26 073 979 272

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ASX Release

5 May 2017

Lodged by ASX Online

TZ Limited announces expanded loan facility

TZ Limited (ASX Code: TZL) (“ TZ ” or the " Company" ) announced today that the Company has entered into a second debenture deed with First Samuel Limited (“ First Samuel ”) that provides the Company with a loan facility of up to $2,000,000 (“Loan Facility”). This is additional to the $3,000,000 debenture deed entered into with First Samuel on 13 December 2016.

This Loan Facility consists of a first tranche of $1,000,000 and a second tranche of $1,000,000. Per the terms of the facility, TZ has drawn down the first tranche of $1,000,000 by way of issuing debentures with a value of $1,000,000 to First Samuel. The Company may draw down the second tranche at any time during the term of the Loan Facility.

The term of the facility is 36 months. The interest rate applicable to the facility is 90 day BBSW plus 9% per annum, payable 6 monthly in arrears.

The Company may repay part or all of the funds loaned under the Loan Facility before the end of the term without penalty.

The funds from the loan will be deployed to provide additional working capital to support the company’s ongoing growth.

Yours faithfully

TZ LIMITED

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Mark Bouris Chairman

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