AMCIL LIMITED — Capital/Financing Update 2016

Jan 18, 2016

19 January 2016

The Manager ASX Market Announcements Australian Securities Exchange Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000

Electronic Lodgement

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AMCIL Limited Share Purchase Plan

Dear Sir / Madam

Directors have decided to make an offer to shareholders under a Share Purchase Plan (SPP) to raise additional equity for investment purposes.

Subject to other participation requirements, shareholders with a registered address in Australia and New Zealand on the register at 7.00pm (AEDT) on Monday 18 January 2016 will be able to invest up to A$15,000 in the Company’s shares.

Shares issued under the SPP will rank equally with existing fully paid ordinary shares. The shares issued under the SPP will be eligible for any dividends that may be paid in respect of the financial year ending 30 June 2016.

The SPP issue price will be at a 2.5% discount to the volume-weighted average price of AMCIL shares traded on the Australian Securities Exchange and Chi-X Australia automated trading systems over the 5 trading days up to, and including, the day on which the SPP offer is scheduled to close (25 February 2016), rounded down to the nearest cent. AMCIL will announce the final issue price after the SPP offer closes.

It is proposed that details of the Plan will be mailed to shareholders on Monday 25 January 2016.

It is also proposed that applications will close on Thursday 25 February 2016 and shares will be issued under the SPP on Friday 4 March 2016.

Yours faithfully,

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Simon Pordage