AJ Lucas : Cleansing statement for Bonus shares

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3 May 2016

The Manager ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Via electronic lodgement

Dear Sir/Madam

Cleansing Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by AJ Lucas Group Limited (ACN 060 309 104) (ASX Code: AJL) ("AJL") under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Act").

AJL has today issued 1,955,012 fully paid ordinary shares in AJL ("Bonus Shares") by way of placement to certain institutional investor sub-underwriters (as detailed in the Investor Presentation and Appendix 3B lodged with ASX on 17 March 2016 in relation to AJL's pro rata accelerated non renounceable entitlement offer).

AJL confirms that:

1. the Bonus Shares were issued without disclosure under Part 6D.2 of the Act;

2. this notice is being given under section 708(5)(e) of the Act;

3. as at the date of this notice, AJL has complied with:

4. the provisions of Chapter 2M of the Act as they apply to AJL; and

5. section 674 of the Act; and

6. as at the date of this notice, there is no "excluded information" of the type referred to in sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice.

Yours sincerely

Marcin Swierkowski

Company Secretary

AJ Lucas Group Limited