Restricted Securities

21 December 2016

RESTRICTED SECURITIES Ausnet Financial Services Limited (formerly Namibian Copper Limited) (the Company) confirms that following reinstatement to quotation of the Company’s securities on the ASX, the following securities will be subject to escrow for the period outlined below.

Securities restricted for 24 months from date of quotation Equity Instrument No.

Fully Paid Ordinary Shares 44,285,100

Performance Shares – Vendor 20,283,097

Performance Shares – Incentive 46,666,667

Options – Exercise price: $0.15 Expiry date: 30 April 2019 5,000,000 Issued to: Richmond Advisory Options – Exercise price: $0.04 Expiry date: 3 years from settlement of the offer 51,666,667 Issued to: Joint Lead Managers

Securities restricted for 12 months from date of issue Equity Instrument No.

Fully Paid Ordinary Shares 6,463,014

Performance Shares 46,383,570

Jay Stephenson COMPANY SECRETARY

Ausnet Financial Services Limited ABN 118 913 232 Registered Office Suite 12, Level 1, 11 Ventnor Avenue PO Box 52, West Perth WA 6872 Tel: +61 8 6141 3500 | Fax: + 61 8 6141 3599