Inactive Instrument

Asset Resolution Limited

Equities

ASS

AU000000ASS7

Asset Resolution : NobleOak Update

March 08, 2022 at 07:11 pm

9 March 2022

The Manager

Company Announcement Office

NSX

Suite 3.3, 1 Bligh Street,

Sydney NSW 2000

Dear Sir/Madam

NobleOak Life Limited Update

Asset Resolution Limited (ARL or the Company) is pleased to announce that it has sold its 2,785,773 shares in NobleOak Life Limited for $2.25 per share. The shares were acquired for $4,400,000 in prior years, giving a total gain over life of investment of $1,867,989 (before brokerage fees).

By authority of the Board

Vicky Allinson FCCA, FGIA

Company Secretary

Chief Financial Officer

Asset Resolution Limited

Email: vicky.allinson@arlimited.com.au

Unit 3B Level 3,

60 Hindmarsh Square

Adelaide SA 5000

NSX code: ASS

8423 0170 arlimited.com.au

ABN 99 159 827 871

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Asset Resolution Ltd. published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 00:10:06 UTC.

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Company Profile

Asset Resolution Ltd is an Australia-based company, which is principally engaged in holding distressed assets and identifying distressed assets to acquire. The Company has operations in one business segment, distressed asset management. The distressed asset management segment primarily involves the management of distressed property securities, distressed debt and distressed corporate assets.

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