Tranche Update on Quest Investments Limited's Equity Buyback Plan announced on August 11, 2014.

Quest Investments Limited is engaged in investments, stockbroking, venture capital investment, telecommunication and corporate advisory businesses. The Company's segments include Investments, Stockbroking, Telecom and Corporate Advisory. The Investments segment includes investments in marketable securities. The Stockbroking segment is engaged in the provision of share trading services to clients. The Telecom segment is engaged in the provision of telecommunication services to clients. The Corporate Advisory segment is engaged in the provision of corporate advisory services, corporate restructuring and related services to clients. Its venture capital investment business includes mezzanine investments in companies suitable for eventual floatation on recognized stock exchanges. The Company's segments are located in Australia with the Investments and Stockbroking division, having operations in the Australia and Hong Kong. Its subsidiaries include Tivuna Pty Limited and Genequest Pty Ltd.