6th July 2015

NOTICE UNDER SECTION 708A(5)

The Corporations Act 2001 (the Act) restricts the on‐sale of securities issued witho ut disclosure, unless the sale is exempt under Section 708 or 708A. By African Energy Resources LImite d (Company) giving this
notice, sale of the Shares will fall within the exemption in Section 708A(5) of the Ac t.

Shares were issued without disclosure to investors under Part 6D.2, in reliance o
Act.
The Company gives this notice pursuant to Section 708A(5)(e) of the Act.
Section 708A(5) of the
The Company, as at the date of this notice, has complied with:
i. the provisions of Chapter 2M of the Act; and ii. Section 674 of the Act.
As at the date of this notice, the e is no excluded information for the purpose s of Section 708A(7) or
708A(8) of the Act.