Results of 2013 annual general meeting

Bennelong, 2/3B Macquarie Street

Sydney NSW 2000

Telephone: (61 2) 9251 9088

Facsimile: (61 2) 9251 9066 www.asfgroupltd.com

28 November 2013

The Manager

Company Announcements

Australian Stock Exchange Ltd

20 Bridge Street

Sydney 2000

via: www.asxonline.com

Dear Madam/Sir

RESULTS OF 2013 ANNUAL GENERAL MEETING

In accordance with ASX Listing Rule 3.13.2 and section 251AA(2) of the Corporations Act 2001, ASF Group Limited advises the following in relation to the resolutions considered at the Annual General Meeting of the Company held on 28 November 2013.

'That the Remuneration Report for the year ended 30 June 2013, submitted as part of the
Directors' Report for the year ended 30 June 2013, be adopted pursuant to sections 250R(2) and
250R(3) of the Corporations Act 2001 (Cth).'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

'That Mr Xin Zhang, a Director retiring by rotation in accordance with article 79.2 of the Constitution, being eligible for re-election and having signified his candidature for the office, be re-elected as a Director.'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

'That Mr Yong Jiang, a Director retiring in accordance with article 82.2 of the Constitution, being eligible for re-election and having signified his candidature for the office, be re-elected as a Director.'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

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'That for the purposes of ASX Listing Rule 7.4 and all other purposes, approval is given for ratification of the issue of 5,000,000 ordinary fully paid shares to Mr Yiming Du & Ms Li Chen as described in the Explanatory Memorandum accompanying, and forming part of, this Notice of Meeting.'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

'That for the purposes of ASX Listing Rule 7.4 and all other purposes, approval is given for ratification of the issue of 13,636,364 ordinary fully paid shares to Jianying Wang as described in the Explanatory Memorandum accompanying, and forming part of, this Notice of Meeting.'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

'That subject to the resignation of PriceWaterhouseCoopers and the consent of the Australian Securities and Investments Commission, Grant Thornton Audit Pty Limited be appointed as auditor of the Company.'

The resolution was passed unanimously on a show of hands.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For further information contact:

William Kuan Company Secretary Ph: +612 92519088

Fax: +612 92519066

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