ARCHER MATERIALS LIMITED — Capital/Financing Update 2012

Jul 1, 2012

2 July 2012

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General Manager The Company Announcements Office Australian Securities Exchange

CLEANSING NOTICE

Section 708A(5)(e) of the Corporations Act 2001 (Commonwealth)

We refer to the recent issue of 220,000 ordinary fully paid shares (“issue shares”) to holders of share options issued under the Company Employee Share Option Pan.

The share issue was at $0.09 per share and has raised $19,800 before issue costs.

In making the placement, the Company relies on Section 708A(5) of the Corporations 2001 (Cth) (“Act”) and gives notice under Section 708A(5)(e) of the Act of the following details:

• a) the Company has issued the option shares without disclosure to investors under Part 6D.2 of the Act;

• b) the Company is providing this notice under section 708A(5)(e) of the Act;

• c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

• d) as at the date of this notice, the Company has complied with section 674 of the Act; and

• e) as at the date of this notice, there is no information:

  • i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • ii. that investors and their professional advisors would reasonably require for the purposes of making an informed assessment of:

    • A. the assets and liabilities, financial position and performances, profits and losses of the Company; or

    • B. the rights and liabilities attaching to the New Shares.

Yours faithfully,

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Craig W Gooden Company Secretary