ARCHER MATERIALS LIMITED — Capital/Financing Update 2012

Mar 26, 2012

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MARKET RELEASE

27 March 2012

Archer Exploration Limited

TRADING HALT

The securities of Archer Exploration Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Thursday, 29 March 2012 or when the announcement is released to the market.

Security Code: AXE

Adrian Smythe Manager, Listings

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27 March 2012

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General Manager The Company Announcements Office Australian Securities Exchange

ANNOUNCEMENT TO ASX REQUEST FOR TRADING HALT

Archer Exploration Limited (AXE) requests the ASX grant a Trading Halt pending an announcement relating to a share placement. The company is not aware of any reason that a Trading Halt should not be granted.

For further information please contact:

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

Mr Gerard Anderson Managing Director Archer Exploration Limited Tel: (08) 8272 3288