letter to ineligible shareholders

4 September 2019

   The Agency Group Australia Ltd – pro-rata non-renounceable rights issue
Dear Shareholder

As announced on 2 September 2019 The Agency Group Australia Ltd (ACN 118 913 232) (the Company or AU1)
is undertaking a 4:7 non-renounceable entitlement issue (Entitlement Issue or Offer) of approximately
68,990,739 fully paid ordinary shares (New Share) to raise approximately $4,484,398. The price of New Shares
under the Offer is $0.065 each (Issue Price). The Company will also issue one (1) free attaching listed option
(Option) for every two (2) Shares subscribed for and issued under the Offer. The Company lodged a prospectus
for the Offer (Prospectus) with ASIC and ASX on 2 September 2019.

Patersons Securities Limited and Aura Capital Pty Ltd are acting as joint lead managers to the Offer.

The Company intends on using the funds raised under the Offer towards potential acquisitions and growth
opportunities, repayment of existing debts, expenses of the offer and working capital.

The Offer is being made to all shareholders of the Company (Shareholders) named on its register of members
at 5:00pm (AWST) on 6 September 2019, whose registered address is in Australia or New Zealand.
New Shares will rank equally with all fully paid ordinary shares in the capital of the Company (Shares) already
on issue.
Following completion of the Offer, the Company will have issued approximately 68,990,739 New Shares
resulting in total Shares on issue of approximately 189,724,531.

Ineligible shareholders

A Shareholder who has a registered address outside Australia and New Zealand (Ineligible Shareholder) will not
be eligible to participate in the Offer.

You are not eligible to participate in the Offer and you will not be sent a copy of the Prospectus. This decision
has been made pursuant to Listing Rule 7.7.1(a) of the ASX Listing Rules after taking into consideration the costs
of complying with legal and regulatory requirements in jurisdictions outside of Australia and New Zealand
compared with the small number of Ineligible Shareholders and the number and value of New Shares to which
they would otherwise be entitled.

If you require further information, please contact me on + 61 8 6380 2555 between 8:30 am and 5:00pm (AWST)
or via email at Stuartu@theagencygroup.com.au .

Your faithfully

Stuart Usher
Company Secretary
The Agency Group Australia Ltd