The Manager Company Announcement Office NSX Level 2, 117 Scott...

The Manager Company Announcement Office NSX Level 2, 117 Scott Street Newcastle NSW 2300 Dear Sir/Madam ON-MARKET BUY-BACK UPDATE Asset Resolution Limited (ARL) advises that further to the NSX release dated 21 February 2017, ARL has completed an on-market acquisition of its shares on 22 February 2017. The results of the On-market Buy-back are set out below: Shares Shares bought back 166,332
Effect on ARL’s issued share capital Total number of shares on issue prior toOn-market Buy-back 4,286,302 Less: Shares bought back at an average price $2.12 per share (166,332) Total number of shares on issue after theOn-market Buy-back 4,119,970
Total number of listed shares on issue after theOn-market Buy-back(1) 3,085,184 (1) Excludes 1,034,786 of escrowed unlisted shares The On-market Buy-back of shares amounted to $352,602.64. The shares will be cancelled on 23 February2017. For further information please contact ARL’s company secretary, Vicky Allinson on 08 8423 0170 or email [email protected].