AMCIL LIMITED — Capital/Financing Update 2018

Sep 19, 2018

20 September 2018

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

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Electronic Lodgement

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 (AEST) on Wednesday 19 September 2018 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 2019.

The SPP issue price will be at a nil discount to the 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 (29 October 2018), 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 Thursday 27 September 2018.

It is also proposed that applications will close on Monday 29 October 2018 and shares will be issued under the SPP on Wednesday 7 November 2018.

Yours faithfully,

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Matthew Rowe Company Secretary