Finbar : Cleansing Notice - Share Purchase Plan

ASX MARKET ANNOUNCEMENT

21 May 2018

NOTICE UNDER SECTION 708A(5)(e) AND 708A(6) OF THE CORPORATIONS ACT 2001

Finbar Group Limited (Finbar or the Company) (ASX:FRI) has issued 4,680,509 fully paid ordinary shares (Shares) as part of a share purchase plan to eligible shareholders. An Appendix 3B is also being released today.

The Company notifies ASX that:

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is given pursuant to section 708(5)(e) of the Act;

• (c) as at the date of this notice, the Company has complied with;

  • i. the provisions of Chapter 2M of the Act as they apply to the Company; and

  • ii. section 674 of the Act; and

• (d) as at the date of this notice, there is no information within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act.

- ENDS -

For further information, please visitwww.finbar.com.auor contact:

Edward Guy Bank

Company Secretary Finbar Group Limited

Via Email:ed@finbar.com.au

Finbar Group Limited, its controlled entities and its jointly controlled entities, is a property development company whose core business lies in the development of medium to high density residential apartments and commercial property within the Perth Metropolitan Area and the Pilbara within the State of Western Australia.