STAKK LIMITED — Board/Management Information 2014

ASX AND MEDIA RELEASE

10 July 2014

KEY APPOINTMENT TO DRIVE SALES AND DISTRIBUTION

CHANNELS FOR AUSSIESIM

• ZipTel appoints highly experienced retail sales and distribution manager for AussieSim.

• Focus on distribution roll out strategy increasing retail footprint to drive further sales growth.

• Appointment represents one of first key marketing initiatives undertaken by ZipTel.

ZipTel Limited (“ ZipTel ” or “ the Company ”, ASX: ZIP ) is pleased to announce that the Directors have engaged the services of Mr Alun Cooksley to lead the expansion of the Company’s sales and distribution channels for its international pre-paid travel sim card, AussieSim.

As an experienced General Manager of retail sales and distribution, Alun will be responsible for creating new distribution channels to market the AussieSim brand and introduce emerging growth opportunities for the product.

Alun has an extensive and proven track record for delivering significant sales growth in the telecommunications industry over the past decade. With AussieSim showing impressive signs of growth, this appointment is one of the first key initiatives undertaken by the Company to drive its retail distribution presence, brand awareness and sales.

Alun Cooksley Key Achievements:

As 3 Mobile National Sales Manager / Dealer (2003 – 2009)

• Responsible for 3 Dealer and mass retail channel strategy.

• Managing resources, operational cost and channel points of presence.

• Growth and implementation of 3's largest retail dealer with in excess of 80 locations.

• Grew 3's retail channel from 35% of total sales in 2006 to 50% of sales July 2008.

As Vodafone General Manager Retail Partners (2009 – 2012)

• Achieved sales volumes of 1 million prepaid sim card sales in 2010 with revenue of ~$900 million.

• Managed key relationships with major mass retailers for Vodafone.

• Drove productivity improvements across communications category for mass retailers whilst reducing overall cost to acquire for Vodafone.

• Launched prepaid distribution channel in 'Route and Convenience' segment in over 600 locations within 12 months achieving >60,000 units in first year.

• Led joint channel marketing initiatives to achieve best supplier awards with multiple channel partners.

Commenting on Alun Cooksley’s appointment, Co-founder of AussieSim Pty Limited and ZipTel Executive Director Keaton Wallace said, “This is a crucial and exciting appointment for ZipTel as we look to fast track our distribution footprint into retail points of presence throughout Australia for our AussieSim product. Alun has an excellent and proven track record in developing relationships and distribution agreements with Australia’s largest retail chains which have resulted in him achieving award winning results.”

“With an extensive retail sales career in the telecommunications sector, particularly focused on driving distribution growth, we are delighted to have Alun on board and look forward to him significantly contributing towards our aggressive rollout of sales and distribution channels across Australia for our AussieSim brand,” he added.

About AussieSim

AussieSim is an international pre-paid travel sim card offering consumers up to 95% savings on talk, text and data whilst travelling overseas across more than 180 countries.

AussieSim has been generating revenue for almost 18 months and has grown rapidly since its launch on the back of a limited marketing budget. With funding now in place, the Company will focus its efforts on growing sales by:

• Generating brand awareness through various marketing initiatives

• Increasing its on-line accessibility through search engine optimisation

• Further increasing the number of retail outlets across Australia

The Directors are confident that these planned initiatives should result in increased growth for the AussieSim product far more rapidly than has been experienced to date and will update the market accordingly on the progress.

-Ends-

For more information please contact:

ZipTel Limited

Bert Mondello Keaton Wallace CEO Executive Director T: +61 8 6252 4224 T: +61 8 6252 4224

Professional Public Relations Limited

James Harris Account Manager T: +61 8 9388 0944 E: [email protected]

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About ZipTel

ZipTel is a wholly owned Australian company and has developed products that assist users to avoid excessive overseas calling and roaming charges in the high growth, billion dollar overseas travel market including:

• AussieSim is a sim card product providing heavily discounted mobile phone roaming services for overseas travel in more than 180 countries (roaming rates for talk, text and data usage are up to 95% cheaper).

• ZipT - A world leading mobile-based App that allows consumers to make international calls from their mobile phone, at some of the world’s lowest rates.

ZipTel has partnerships with world-leading telecommunications providers in major locations to ensure customers receive the best mobile network coverage and high data speeds at heavily discounted prices.

ZipTel has a business model which is currently generating revenues and underpinned by 3 years of research and development creating superior, scalable products with high barriers to entry.

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