USCOM LIMITED — Capital/Financing Update 2015

Aug 13, 2015

ABN 35 091 028 090

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Uscom Limited

Level 7, 10 Loftus Street Sydney NSW 2000 Australia T+612 9247 4144 F+612 92478157 www.uscom.com.au

14 August 2015

ASX Limited Company Announcements Office 20 Bridge Street Sydney NSW 2000

USCOM LIMITED – PRIVATE PLACEMENT CLEANSING STATEMENT

On14 August 2015, Uscom Limited ( Uscom ) issued:

• 666,667 New Shares at $0.15 per New Share; and

• 222,222 free attaching Options exercisable at 25c until expiry 31 July 2017 ( Options ),

to Chesapeake Capital Limited under a private placement.

Uscom gives this notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

Uscom gives notice that:

1. Uscom issued the New Shares and Options without disclosure to investors under Part 6D.2 of the Corporations Act;

2. as at the date of this notice, Uscom has complied with:

3. (a) the provisions of Chapter 2M of the Corporations Act as they apply to Uscom; and

4. (b) section 674 of the Corporations Act; and

5. as at the date of this notice, there is no information that is “excluded information” (as defined in sections 708A(7) and 708A(8) of the Corporations Act).

Yours faithfully,

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Catherine Officer Company Secretary

The measure of life .