FlexiGroup : Response to ASX Price Query

Level 7, 179 Elizabeth St, Sydney NSW 2000

Locked Bag 5005, Royal Exchange NSW 1225

Tel.+61-2-8905-2000

Fax. +61-2-8905-2424

30 April 2018

Stephanie So

Senior Adviser, Listings Compliance (Sydney) ASX Limited

By email:Stephanie.so@asx.com.au

RE: Your letter of 30 April 2018 - FlexiGroup Limited (the "FXL"): price query

Our response to your queries (with reference to the above letter) are as follows:

A.

No, we (FXL) are not aware of any information concerning it that has not been announced to the market which, could explain the recent trading in our securities.

B. Answer not applicable to this question.

• C. We genuinely do not have an explanation for the increase in recent trading in our securities.

• D. We confirm we are in compliance with the Listing Rules and, in particular, Listing Rule 3.1.

• E. We confirm our responses to the questions above have been authorised and approved in accordance with our published continuous disclosure policy or otherwise by our Board or an officer of FXL with delegated authority from the board to respond to ASX on disclosure matters.

Yours sincerely,

Ms Elizabeth Wray

Company Secretary

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30 April 2018

Ms Elizabeth Wray

Company Secretary Flexigroup Limited Level 7

179 Elizabeth Street Sydney NSW 2000

By email:Libby.Wray@flexigroup.com.au

Dear Ms Wray

Flexigroup Limited (the "FXL"): price query

We note the change in the price of FXL's securities from a close of $1.71 on 20 April 2018 to a close of $2.06 today 30 April 2018.

In light of this, ASX asks FXL to respond separately to each of the following questions and requests for information:

A. Is FXL aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?

• B. If the answer to question 1 is "yes":

  a)Is FXL relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1?

  Please note that the recent trading in FXL's securities would suggest to ASX that such information may have ceased to be confidential and therefore FXL may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is "yes", you need to contact us immediately to discuss the situation.

  b)

  Can an announcement be made immediately?

  Please note, if the answer to this question is "no", you need to contact us immediately to discuss requesting a trading halt (see below).

  c)

  If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?

• C. If the answer to question 1 is "no", is there any other explanation that FXL may have for the recent trading in its securities?

• D. Please confirm that FXL is in compliance with the Listing Rules and, in particular, Listing Rule 3.1.

• E. Please confirm that FXL's responses to the questions above have been authorised and approved in accordance with its published continuous disclosure policy or otherwise by its board or an officer of FXL with delegated authority from the board to respond to ASX on disclosure matters.

When and where to send your response

This request is made under, and in accordance with, Listing Rule 18.7. Your response is required as soon as reasonably possible and, in any event, by not later than half an hour before the start of trading (ie before 9.30 am AEST) on 1 May 2018. If we do not have your response by then, ASX will have no choice but to consider suspending trading in FXL's securities under Listing Rule 17.3.

You should note that if the information requested by this letter is information required to be given to ASX under Listing Rule 3.1 and it does not fall within the exceptions mentioned in Listing Rule 3.1A, FXL's obligation is to disclose the

ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

information "immediately". This may require the information to be disclosed before the deadline set out in the previous paragraph.

ASX reserves the right to release a copy of this letter and your response on the ASX Market Announcements Platform under Listing Rule 18.7A. Accordingly, your response should be in a form suitable for release to the market.

Your response should be sent to me by e-mail. It should not be sent directly to the ASX Market Announcements Office. This is to allow me to review your response to confirm that it is in a form appropriate for release to the market, before it is published on the ASX Market Announcements Platform.

Listing Rules 3.1 and 3.1A

Listing Rule 3.1 requires a listed entity to give ASX immediately any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity's securities. Exceptions to this requirement are set out in Listing Rule 3.1A.

In responding to this letter, you should have regard to FXL's obligations under Listing Rules 3.1 and 3.1A and also to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 - 3.1B.

It should be noted that FXL's obligation to disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the questions set out in this letter.

Trading halt

If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is "yes" and an announcement cannot be made immediately, you should discuss with us whether it is appropriate to request a trading halt in FXL's securities under Listing Rule 17.1.

If you wish a trading halt, you must tell us:

• • the reasons for the trading halt;

• • how long you want the trading halt to last;

• • the event you expect to happen that will end the trading halt;

• • that you are not aware of any reason why the trading halt should not be granted; and

• • any other information necessary to inform the market about the trading halt, or that we ask for.

We may require the request for a trading halt to be in writing. The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is granted.

You can find further information about trading halts in Guidance Note 16 Trading Halts & Voluntary Suspensions.

If you have any queries or concerns about any of the above, please contact me immediately.

Kind regards

[Sent electronically without signature]

Stephanie So

Senior Adviser, Listings Compliance (Sydney)

T 02 9227 0125

EStephanie.so@asx.com.au

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