ASS Buyback, page-7

The Manager Company Announcement Office NSX Level 2, 117 Scott Street Newcastle NSW 2300 Dear Sir/Madam UNMARKETABLE PARCELSBUY BACK Asset Resolution Limited (ARL) advises that in accordance with the NSX release dated 20 December 2016, ARL has completed the acquisition of its Unmarketable Parcels. The results of the unmarketable parcels buy back are set out below: Shares Unmarketable Parcelsbought back @ $2.12 619,139
Effect on ARL’sissuedshare capital Total number of shares on issue prior to Unmarketable Parcelsbuy back
4,905,441
Less: Unmarketable Parcel bought back @ $2.12 (619,139) Total number of shares on issue after the Unmarketable Parcelsbuy back 4,286,302
Total number of listedshares on issue after the Unmarketable Parcels buy back(1)
3,251,516
(1) Excludes 1,034,786 of escrowed unlisted shares The UnmarketableParcelsbuy back payments totaling $1,312,574.68 will be dispatched on 14 February 2017. The number of ARL Shareholders has decreased by5,889from9,890to4,001following the Unmarketable Parcelsbuy back For further information please contact ARL’s company secretary, Vicky Allinson on 08 8423 0170 or email [email protected] Yours sincerely
Vicky AllinsonFCCA, AGIA Company Secretary Asset Resolution Limited