MaxSec : 05/10/2017 Update to merger presentation released on 20/9/2017

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MaxSec Group Limited AeNe900002926s

Unit 29, 1Talavera Road, North Ryde NSW 2113, Australia PO Box 808, North Ryde BC,North Ryde NSW 1670, Austra lia Phone: [phone] I Fax: [phone]

www.maxsec.com

05 October, 2017

Australian Securities Exchange For immediate release

By electronic transmission

Web:

Update to merger presentation released on 20 September 2017

Included with this announcement is two addendum slides to the presentation released by MaxSec Group Limited (ASX: MSP) on 20 September 2017, which should be read and considered in place of slide 16 of the original presentation.

This additional information should be read in conjunction with the bidders statement to be issued by FFT and MSP's response contained in its target statement which will be sent to MSP shareholders in due course.

- ENDS -

For more information, contact:

Geoffrey Cleaves

CEO, Director & Company Secretary ceo@maxsec. com

[phone]

About MaxSec Group Limited

MaxSec Group Limited, through its divisions BQT Solutions and Ava Global,is a leading designer, developer and global provider of quality, reliable and secure smart card and reader systems,biometric scanners, locking devices and a growing global provider of secure logistics services. MaxSec Group divisions are represented globally on 6 continents.

For more information, visit our website at www. maxsec.com.

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12 month	0.175	0.028	0.0438	56.43%
6 month	0.139	0.029	0.0348	20.00%
3 month	0.136	0.030	0.0340	13.33%
1month	0.129	0.033	0.0323	-2.12%
Close Price	0.120	0.044	0.0300	-31.82%

* Volume Weighted Average Price

# VWAPs were calculated on 24/8/17 and assume offer consideration of 1FFT share for 4 MSP shares.

** Being the date prior to the announcement of the bid on ASX.

12 month	0.1692	0.0282	0.0423	50.0%
6 m onth	0.1326	0.0291	0.0332	14.1%
3 m onth	0.1444	0.0308	0.0361	17.2%
1m onth	0.1638	0.0323	0.0410	26.9%
Close Price	0.1550	0.0290	0.0388	33.8%

* Volume Weighted Average Price

# VWA Ps were calculated on 18/9/17 and assume offer consideration of 1FFT share for 4 MSP sha res.