BRM announces continuation of share buyback programme

16 October 2017 Barramundi Limited announces continuation of share buyback programme In accordance with Listing Rule 7.6.2 Barramundi announces its intention to continue its share buyback programme of Barramundi ordinary shares in compliance with section 65 of the Companies Act 1993. The buyback programme is for the twelve month period commencing 1 November 2017 through to 31 October 2018 and allows for the purchase of up to 5% of the ordinary shares on issue (which is equivalent to a maximum of 7,400,000 shares). As per the current Share Buyback Policy, Barramundi will only buy back shares if the discount to net asset value is greater than 8%. Alistair Ryan Chair Barramundi Limited End CA:00308750 For:BRM Type:CORPACT Time:2017-10-16 16:20:29