ASX ANNOUNCEMENT

26 September 2017

Implementation of Scheme of Arrangement

SMS Management & Technology

Level 41 140 William Street Melbourne VIC 3000

Australia T 1300 842 767

www.smsmt.com

Adelaide Brisbane Canberra Melbourne Sydney Perth Hong Kong Singapore

SMS Management & Technology Limited (ASX: SMX) (SMS) is pleased to announce that the scheme of arrangement between SMS and its shareholders, which was approved by SMS shareholders on 1 September 2017 and by the Supreme Court of Victoria on 6 September 2017 (Scheme), was implemented today.

ASG Group Limited now holds all of the ordinary shares in SMS. The Scheme Consideration of $1.698 (being $1.80 less the amount of the Special Dividend of $0.102) for each SMS share held by SMS shareholders at 7pm (Melbourne time) on Tuesday, 19 September 2017 will be sent to SMS shareholders today either by cheque or direct credit (as specified in clauses 5.2(b) and (c) of the Scheme of Arrangement) (Implementation).

Director appointments and resignations

SMS announces the appointment of each of Geoffrey Lewis, Ian Campbell, Ayumu Ueno, Hajime Ueda, Kenji Yokoyama and Hiroyuki Kawanami as directors of SMS and the appointment of Peter Torre as a company secretary of SMS, as a result of, and with effect from, Implementation.

SMS also announces the resignation of each of Derek Young, Bruce Thompson, Justin Milne and Nicole Birrell as directors of SMS effective from Implementation.

SMS also announces the resignation of Penny Grau as a company secretary of SMS effective immediately after SMS has been delisted from the ASX.

Delisting of SMS

Trading in SMS shares on the ASX was suspended from close of trading on Thursday 7 September 2017. In accordance with Listing Rule 17.11, SMS will request that it be removed from the official list of ASX with effect from close of trading on 27 September 2017.

For further information please contact:

SMS shareholders can obtain further information by contacting the SMS Shareholder Information Line, which will remain open between 8:30am and 5:30pm (Melbourne time) Monday to Friday until close of business Tuesday, 3 October on 1300 970 086 (within Australia) or +61 1300 970 086 (outside Australia).

About SMS

SMS is an ASX-listed Australian business specialising in business and IT advisory, technology solutions, managed services and recruitment. SMS cultivates innovation, digital, mobile and design-led business and technology capability to empower organisations across all industry sectors. With over 1,400 staff across Australia, Hong Kong, Singapore and the Philippines, SMS promotes and delivers next-generation customer-centric outcomes for our clients.

For more information please visit www.smsmt.com

SMS Management & Technology Limited ACN 009 558 865 SMS Consulting Group Ltd ACN 006 515 028

M&T Resources Pty Ltd ACN 132 349 458 SMS Management & Technology Asia Pty Ltd ACN 141 797 480 SMS Management & Technology Malaysia Pty Ltd ACN 156 456 361 SMS Management & Technology Singapore Pty Ltd ACN 143 117 819 SMS Management & Technology Vietnam Pty Ltd ACN 110 232 623

SMS Management & Technology Limited published this content on 26 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 September 2017 01:29:06 UTC.

Original documenthttp://www.smsmt.com/hubfs/Website/ASX_Announcements/2017/1718016 - Scheme Implemented.pdf?t=1506384619400

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