TERRAMIN AUSTRALIA LIMITED‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌

Annual General Meeting

27 May 2016

Disclaimer &

Competent Person Statement

Disclaimer

This presentation has been prepared by Terramin Australia Limited (Terramin). It is current as at the date of this presentation. It contains information in a summary form and should be read in conjunction with Terramin's other periodic and continuous disclosure announcements to the Australian Securities Exchange (ASX) available at www.asx.com.au

An investment in Terramin shares is subject to known and unknown risks, many of which are beyond the control of Terramin. In considering an investment in Terramin shares, investors should have regard to (amongst other things) the risks outlined in this presentations and in other announcements and disclosures made by Terramin to the ASX. This presentation contains statements, opinions, forecasts and other material based on various assumptions which may or may not be correct.

The information contained in this presentation does not take into account the investment objectives, financial situation or particular needs of any recipient and is not financial advice or financial product advice.

To the extent permitted by law, Terramin, its directors, officers, employees, agents, advisers and persons named in its presentation:

• give no warranty or guarantee as to the accuracy or likelihood of fulfilment, any assumptions upon which any part of this presentation is based or the accuracy completeness or reliability of the information contained in this presentation;

• accept no responsibility for any loss, claim, damages, costs or expenses arising out of, or in connection with, the information contained in this presentation.

  Competent Person Statement

  The information in this Presentation that relates to Exploration Results and Mineral Resources is based on information compiled and thoroughly reviewed by Mr Eric Whittaker. The information that relates to Ore Reserves for Angas and Tala Hamza is based on information thoroughly reviewed by Mr Joe Ranford. Mr Whittaker and Mr Ranford are Members of The Australasian Institute of Mining and Metallurgy. At the time of their respective estimates Mr Whittaker was a Principal Resource Geologist and Mr Ranford was General Manager Operations and both were employees of Terramin Australia Limited. Both have sufficient experience relevant to the style of mineralisation and type of deposit(s) under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined by the relevant 2004 or 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' as specified in the explanation notes above. Mr Whittaker and Mr Ranford consent to the inclusion in the presentation of the matters based on their information in the form and context in which it appears.

  Overview

• About Terramin

• Highlights

• Tala Hamza Zinc Project

• Global Zinc Market

• Bird-in-Hand Gold Project

• Adelaide Hills Exploration

• Gawler Ranges Exploration

• Focus for 2016

About Terramin Australia Limited

World class quality base metal project and gold portfolio

• World Class Tala Hamza Zinc Project ready to permit. Resource of 68.6 million tonnes at 4.6% Zinc, 1.1% Lead (3.9 million + tonnes of zinc and lead)

• Bird-in-Hand Gold Project - Resource of 235,000 ounces at 13.0gt

• 9,000 square kilometres of exploration tenements in South Australia - including over 300 historic gold, copper and base mines

• All projects close to infrastructure

• Exceptional multi-commodity exploration tenement portfolio

• Management and Board with extensive practical and commercial experience in all stages of project development and mining