Sale of Non-Core Assets

BOS GLOBAL Holdings Limited

ACN 009 087 852

AIM Release

21 December 2016

BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS), the software company focused on creating enterprise productivity solutions for the global workforce market, is pleased to provide the following updates to the sale of certain non-core assets:

1. Azarga Metals Corp.

The company advises it has disposed of all shares it held in Azarga Metals Corp. (TSX-V:AZR) for a cash consideration of approximately CAD26k (AUD27k). The net proceeds of the sale are expected be received by the Company before 31 December 2016.

2. Hostisme Intellectual Property Assignment

The Company advises it has reached confidential agreement with a USA based start-up to sell its Hostisme hospitality software prototype and associated intellectual property, which is considered to be non-core to the Company's activities. The Terms agreed are

· Upfront USD10,000 upon execution of the Assignment Deed (expected on or before 31 December 2016); and

· Minimum USD120,000 contracted software development services to be provided by the BOS GLOBAL Software Development Centre In India for Year 2017 only; and

· Minimum royalty fee of USD60,000 payable on the 10th Year Anniversary or 2.5% royalty on sales over a 10-year period commencing from Year 2018, whichever is the greater amount.

The Company expects to complete the sale on or before 31 December 2016.

3. Copper Range (SA) Pty Limited ('Copper Range')

The Company's 75% owned subsidiary Copper Range has renewed previously lapsed tenements and combined these with its existing portfolio of tenements in the Olympic Domain precinct located in South Australia. The Company intends to commence a formal sale process for Copper Range and/or its minerals assets.

The Company's focus continues to be its BOS360 Work Patterns system of software products and related services. The Company's objective is to achieve operating profitability during the 2017, remain debt free and retain a surplus cash reserve to enable acquisition opportunities to be pursued.

For further information please visit www.bosglobal.com or contact:

About BOS GLOBAL

BOS GLOBAL is a software company focused on creating enterprise productivity solutions for the global workforce market. It does this through a blend of business process automation, intelligence gathering and advanced analytics to drive efficient business practices and workplace engagement.

The Company is currently developing the BOS360 Work Patterns Platform based upon its existing and international patent pending research and development, and to provide businesses with a comprehensive platform through which they can capture, manage and measure efficiency in real time at the individual, team and organisational level.