Rubik Financial : Scheme approved by Court

Rubik expects to lodge a copy of the Court's orders approving the Scheme with the Australian Securities and Investments Commission on Monday, 8 May 2017, at which time the Scheme will become legally effective. No further action is required by Rubik shareholders.

A copy of the Court's orders is attached to this announcement.

It is expected that Rubik shares will be suspended from trading on ASX from the close of trading on Monday, 8 May 2017.

Rubik also confirms that on the implementation date, being Monday, 22 May 2017, all shares that are subject to a voluntary escrow arrangement will be released from that escrow arrangement and participate fully in the Scheme.

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For more information please contact:

Rubik Financial Limited ABN 51 071 707 232

www.rubik.com.au

85 Castlereagh Street, Sydney, NSW, 2000

Federal Court of Australia

District Registry: New South Wales

Plaintiff

1. The publication by Rubik Financial Limited (Rubik) of notices in The Australian newspaper on 28 April 2017 and 2 May 2017 be taken as sufficient compliance with r 3.4(3)(b) of the Federal Court (Corporations) Rules 2000 (Cth).

2. Pursuant to subsection 411(4)(b) of the Corporations Act 2001 (Cth) (the Act), the scheme of arrangement between Rubik and the holders of fully paid ordinary shares in Rubik, in the form of Exhibit 5, be approved.

3. Pursuant to section 411(12) of the Act, Rubik be exempted from compliance with section 411(11) of the Act.

4. These orders be entered forthwith.

Date that entry is stamped: 5 May 2017

Prepared in the New South Wales District Registry, Federal Court of Australia Level 17, Law Courts Building, Queens Square, Telephone 02 9230 8567