18 August 2011

Australian Stock Exchange

Continuous Disclosure Area

Via: E Lodgement

Resignation of Group Executive

Treasury Group (ASX:TRG) wishes to advise that Ms Christine Feldmanis, Group

Executive responsible for Treasury Group Investment Services Limited (TIS) has

resigned. Ms Feldmanis’s contract requires her to serve a notice period of up to 3 months and it is intended that she will serve out this period.

TIS provides the TRG boutiques with a range of business support services including risk management and compliance, human resources management, accounting, investment administration support and Responsible Entity services.

I thank Christine for her service and commitment to the organisation for the past six years and wish her every success in her future endeavours.

Yours faithfully

Andrew McGill

CEO

Treasury Group Limited ABN 39 006 708 792

Level 5, 50 Margaret St, Sydney NSW 2000

phone 028243 0400 facsimile 028243 0410