Appendix 3D – Renewal of on-market buy-back facility

Australian Foundation Investment Company Limited Appendix 3D Dear Sir / Madam Please find attached an Appendix 3D to refresh the Company's on-market share buy-back facility for a further year, for capital management purposes. Yours faithfully Matthew Rowe Company Secretary This announcement was authorised for release by the Board of Australian Foundation Investment Company Limited. End CA:00347815 For:AFI Type:ADMIN Time:2020-02-03 08:30:51