30 October 2018

Court approves convening of Scheme Meeting

Decimal Software Limited (ASX:DSX) (Decimal) is pleased to announce that the Federal Court of Australia (Court) has made orders approving the issue of the scheme booklet in relation to the proposed scheme of arrangement under which Sargon Capital Pty Ltd is to acquire all of the shares of Decimal (Scheme).

The Court has also ordered that a meeting of Decimal shareholders be convened to consider and vote on the Scheme (Scheme Meeting). Decimal shareholders will vote on the Scheme at the Scheme Meeting, which is expected to be held at 10.00 am (Perth time) on Thursday, 6 December 2018 at the offices of Fogarty Partners, 65 Hay Street, Subiaco, Western Australia.

Implementation of the Scheme remains subject to a number of conditions, including Decimal shareholder approval in respect of the Scheme and approval by the Court.

The Decimal board has unanimously recommended that all Decimal shareholders vote in favour of the Scheme, in the absence of a superior proposal. Each Decimal director intends to vote in favour of the Scheme with respect to any Decimal shares they hold or control, in the absence of a superior proposal.

The scheme booklet will be released on the ASX following its registration with the Australian Securities and Investments Commission, which is expected to occur on or about 31 October 2018. Decimal will also make the scheme booklet available on its website atwww.decimal.com.au. It is expected that the scheme booklet will be sent to Decimal shareholders on or before 7 November 2018.

Decimal shareholders should carefully read the scheme booklet in its entirety (including the material accompanying it) before deciding whether to vote in favour of approving the Scheme.

If you have any questions regarding the Scheme, please call the Chief Executive Officer or Company Secretary on 1300 220 799 any time between 8.00 am and 5.00 pm (Perth time) Monday to Friday.

-ENDS-

3449-4609-3835v1

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Decimal Software Limited published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 03:56:06 UTC