The board (the “Board”) of directors (the “Directors”) of AusGroup Limited (the “Company”, and together with its subsidiaries, the “Group”) refers to its announcement dated 6 April 2018 (“Previous Announcement”) in relation to the proposed renounceable non-underwritten Rights Issue of up to 752,402,733 Shares in the capital of the Company. Unless otherwise defined, all terms and references used herein shall bear the same meaning ascribed to them in the Previous Announcement.

Due to an inadvertent error, it was stated in the section entitled “Allow Over Subscription” in the SGXNET template announcement that over subscription was not allowed.

The Company wishes to clarify that over subscription is allowed in the proposed Rights Issue and the above section entitled “Allow Over Subscription” in the SGXNET template announcement should be revised to read as “Yes”.

Save for the above, there are no other changes to be made to the Previous Announcement.

BY ORDER OF THE BOARD

Eng Chiaw Koon
Managing Director and Executive Director

12 April 2018