A Great Project

Improves Again

Creating partners for a stronger future

Australia, Africa and China

Giulio Casello

Managing Director and CEO Presentation Annual General Meeting

30 November 2015

Disclaimer

FORWARD LOOKING STATEMENTS

This document has been prepared as a summary only and does not contain all information about the Sundance Resources Limited and its controlled entities ('Sundance') assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the company's securities. This presentation does not constitute investment advice and is not intended to represent an investment recommendation to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate.

Certain statements made during or in connection with this communication, including without limitation, those concerning the economic outlook for the iron ore mining industry, expectations regarding iron ore prices, production, cash costs and to the operating results, growth prospects and the outlook of Sundance's operations including the likely commencement of commercial operations of the Mbalam-Nabeba Iron Ore Project and it liquidity and capital resources and expenditure, contain or comprise certain forward- looking statements regarding Sundance's operations, economic performance and financial condition.

Although Sundance believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors:

• Changes in economic and market conditions

• Success of business and operating initiatives

• Changes in the regulatory environment and other government actions

• Fluctuations in iron ore prices and exchange rates

• Business and operational risk management

• Changes in equipment life, capability or access to infrastructure

• Emergence of previously underestimated technical challenges

• Environmental or social factors which may affect a license to operate

  
  

  This presentation should be read in conjunction with the Sundance Annual Financial Report as at 30 June 2014, the half year financial statements, the quarterly reports along with

  any other ASX announcements made by Sundance in accordance with its continuous disclosure obligations arising under the Corporates Act 2001.

  Except for statutory liability which cannot be excluded, Sundance, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. Sundance undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

  
  

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  2015 AGM

  Giulio Casello

  Managing Director and Chief Executive Officer

  Today's Presentation

  
  

  • The current iron ore market and our response

  • Our Project

  • Reviewing our progress

  • Key steps forward:

    • China and Central Africa

    • EPC contractor for port and rail

    • Timeline towards completion

  • Conclusion

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