ASF GROUP LIMITED ACN 008 924 570

Bennelong, 2/3B Macquarie Street

Sydney NSW 2000

Telephone: (61 2) 9251 9088

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

22 January 2014
The Manager
Company Announcements
Australian Securities Exchange
20 Bridge Street
Sydney 2000
via: www.asxonline.com
Dear Madam/Sir

Additional Investment in Key Petroleum Limited

Further to the announcement of ASF Group Limited ("ASF") dated 20 January 2013 in relation to the placement by Key Petroleum Limited ("Key") to ASF of new shares for the total subscription amount of $1,175,815, ASF announces that it has subscribed for additional shares through a further placement by Key ("Second Placement").
Pursuant to the Second Placement, ASF has agreed to pay an additional $292,119.06 to subscribe for 22,470,697 fully paid ordinary shares of Key at a price of 1.3 cents per share, taking its holding to 19.9% of the enlarged issued capital of Key.

Information about ASF

ASF is unique among ASX-listed public companies in Australia as a creator and facilitator of two-way cross-border investments, trade and funds management between China and Australia. Since its transformation into a Sino-Australian investment and trading house in
2006, ASF has focused principally on the identification, incubation and realisation of opportunities across various industries including energy, resource, property, finance and tourism.
William Kuan Company Secretary Ph: +612 9251 9088
Fax: +612 9251 9066

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