DJ Family Trust Convertible Note & Loan Agreements

BOS GLOBAL Holdings Limited

ACN 009 087 852

AIM Release

2 December 2016

BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS), is pleased to provide the following update on its Convertible Note agreements with DJ Family Trust ("DJFT").

The Company advises that the final £100,000 has been drawn down under the original Convertible Note agreement with DJFT (the "First DJFT Note"). The total amount of £325,000 available under this facility has now been drawn down.

The Company has received and accepted Conversion Notices from DJFT for the final £100,000 drawn down under the First DJFT Note. In accordance with the terms of the First DJFT Note, the conversion is at a fixed rate of 6 pence per share. As a result, DJFT will be entitled to receive a further 1,666,667 fully paid ordinary shares in BOS. Application will be made to the AIM market of the London Stock Exchange ("AIM") to admit these shares to trading on AIM when the shares have been allotted by the Company. These shares will be subject to a 12-month lock-in agreement from the date of conversion.

As at 1st December 2016, the Company has commenced its draw down of £116,000 against the second Convertible Note agreement with DJFT (the "Second DJFT Note") announced on 30 August 2016, which provides for up to £1,392,000 to be provided in fixed monthly instalments of £116,000, for a period of 12 months commencing 15 December 2016.

For further information, contact:

Michael Travia, Managing Director

BOS GLOBAL Holdings Limited Tel: +61 (0) 8 9322 4071

Oliver Morse

RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500

(AIM Nominated Adviser to the Company)

BOS GLOBAL Holdings Limited

Suite 3, Level 3

1292 Hay Street

West Perth WA 6005

Ph: +61 (0)8 9322 4071

Fax: +61 (0)8 9322 4073

Email: [email protected]

Web: www.bosglobal.com