ARCHER MATERIALS LIMITED — Capital/Financing Update 2013

Jan 1, 2013

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2 January 2013

General Manager The Company Announcements Office Australian Securities Exchange

UNLISTED SHARE OPTIONS EXPIRE

The Directors of Archer Exploration Limited (ASX: AXE) advise that 1,000,000 unlisted options issued on 4 September 2009 exercisable by 31 December 2012 at 20 cents have now expired.

Following the expiry of these options the Company has 8,000,000 unlisted options as detailed below:

5,000,000 options exercisable at 20 cents expiring 30 November 2013; and 3,000,000 options exercisable at 40 cents expiring 1 April 2014.

Yours truly,

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Archer Exploration Limited Craig Gooden Company Secretary