ALTECH BATTERIES LTD — Share Issue/Capital Change 2017

Jan 30, 2017

ASX ANNOUNCEMENT

31 January 2017

EXPIRY OF UNLISTED OPTIONS

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) advises that the following unlisted options have expired, unexercised:

600,000 options, exercise price $0.20, expiry dated 31 January 2017

The capital structure of the Company following the expiry of the options is as follows:

Fully paid ordinary shares	266,188,312
Options–not quoted
Exercise price $0.20 expiry 18-12-2017	1,000,000
Exercise price $0.25 expiry 18-12-2017	1,000,000
Exercise price $0.30 expiry 18-12-2017	1,000,000
Performance Rights–not quoted
Managing Director performance rights, exercise	10,000,000
price nil
Director performance rights, exercise price nil	5,500,000
Employee performance rights, exercise price nil	5,200,000

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Shane Volk Company Secretary

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Altech Chemicals Limited ASX:ATC ABN 45 125 301 206

Suite 8, 295 Rokeby Road, Subiaco, Western Australia 6008 Australia

Telephone: +61 8 6168 1555 Facsimile: +61 8 6168 1551 Website: www.altechchemicals.com