4 April 2013
SHARE SALE AGREEMENT UPDATE
As previously announced, RUN entered into conditional sale agreements with Rental Management Australia Group (formerly Rental Express Group Limited) and Heritage Acquisitions Limited. Rental Management has not raised the funding necessary to complete the transaction and RUN has now terminated the agreements. Under the terms of the Rental Management sale agreement RUN retains the $4M deposit paid and must, within the prescribed period under the agreement, convert the deposit to 10 million ordinary shares in RUN Corp Limited at 40 cents per share.
RUN, Rental Management Australia and Moelis and Company are currently advancing possible
alternative transactions and RUN has therefore agreed to postpone the conversion of the $4M deposit to equity. RUN has not waived any of its rights in regard to the agreement including the retention of the deposit.
RUN will keep the market informed of developments.

Shareholder enquiries

Jeff Stein
RUN Property
T (03) 9514 8885

jeff.stein@run.com.au

www.runproperty.com.au

About RUN Corp Limited:

RUN Property provides property management and real estate sales services across Melbourne, Sydney and Brisbane. For further information on our real estate services visit

www.runproperty.com.au

Agentplus provides technology and outsourced trust accounting services to other real estate agencies. For further information visit www.agentplus.com.au

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