The Board of Resource Development Group Limited announced that its current Chairman, Mr. Mel Ashton, is stepping down from his non-executive role. Mr. Ashton
has been in the role since RDG listed on the ASX in May 2011. Mr. Andrew Ellison has assumed the role of interim Chairman and Mr. Gary Reid, a Director of Centrals Systems Pty Ltd. (Centrals) has been appointed to the Board. Both of these appointments are effective immediately.

The company announced that it has renegotiated loan agreements with Lightshare Investments Pty Ltd. (Lightshare) and with the Centrals founding shareholders. Interest on the Lightshare loan has been waived from January 1, 2015 and will be reviewed quarterly. The principal repayment date for the Lightshare loan has been extended from June 30, 2015 until June 30, 2017, with a minimum of $400,000 to be repaid prior to June 30, 2016. The loan will be reviewed on a quarterly basis and additional principal repayments made only if deemed to be commercially responsible.