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ASX release

31 May 2016

NEARMAP ANNOUNCES MAJOR CONTRACT WIN IN AUSTRALIA 31 May 2016 - SYDNEY - Nearmap Limited (ASX:NEA) is pleased to advise that, consistent with the first of its three key priorities, namely delivering accelerated growth in the Australian business in H2 FY16, it has signed a significant new one year subscription contract with an existing customer, one of Australia's largest digital infrastructure companies.

This new contract has an annual value of $1.1 million and is the second in excess of $1 million executed by Nearmap in FY16.

With this new contract, this major digital infrastructure company will extend the use of Nearmap products throughout its organisation to assist with design, planning, asset and location management.

Commenting on the new contract, John Biviano, Senior Vice President and General Manager of Australia said: "We are pleased to broaden and enhance our partnership with this important customer. This agreement illustrates the value we add to many customers and the superiority of our market leading technology. We can enable our customers to drive extra revenue, save them time and allow them to make more informed decisions".

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About Nearmap

Built around proprietary PhotoMapsTM aerial imagery technology, Nearmap is a visual analytics company with a focus on empowering businesses with timely and reliable information on which to make decisions quickly and with confidence.

Our breakthrough technology enables imagery to be updated much more frequently than other providers. With populations of multiple countries covered regularly, Nearmap is changing the way governments, companies and communities see their world.

Further Information

Investors

Telephone +61 400 248 080 investor.relations@nearmap.com

Nearmap Ltd. published this content on 31 May 2016 and is solely responsible for the information contained herein.
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