ARCHER MATERIALS LIMITED — Board/Management Information 2017

Jan 2, 2017

ABN 64 123 993 233

ASX Announcement

3 January 2017 ABN 64 123 993 233

Retirement of Director – Tom Phillips AM

Archer Exploration Limited (ASX: AXE, the Company, Archer) announces that Tom Phillips AM retired as a Non-Executive Director of Archer on the 31[st] December 2016.

Tom has served as a Non-Executive Director of Archer for more than 10 years and was the Company’s foundation Chairman.

Chairman of the Board, Greg English commented:

“Since joining the Board in 2007, Tom has served the Company with great distinction. As the Company’s foundation Chairman, Tom oversaw the initial ASX listing of Archer and brought extensive business experience to the Board and provided both the Board and management with valuable guidance and assistance.”

“The Board thanks Tom for his outstanding contribution to the Company and we wish him well in his retirement”

Appending this release is an Appendix 3Z for Tom.

For further information, please contact:

Mr Greg English Chairman Archer Exploration Limited Tel: (08) 8272 3288

Archer Exploration Limited Level 1, 28 Greenhill Rd Wayville SA 5034 www.archerexploration.com.au

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity ARCHER EXPLORATION LIMITED ABN 64 123 993 233

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Thomas Robin Phillips AM
Date of last notice	28 October 2016
Date that director ceased to be director	31 December 2016

Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interestEAP Nominees Pty Ltd as Trusteefor the Tom PhillipsSuperannuation Fund.	Number & class of securities1,355,709 ordinary fully paid shares170,363 unlisted options, exercisable at 12 cents,expiring 30 June 2017.Lapsed: 450,000 unlisted Performance Rightsexpiring 31 July 2019 lapsed on 31 December2016 followingTom’s retirement as a Director.

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities to whichinterest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002