ARCHER MATERIALS LIMITED — Director's Dealing 2016

Aug 31, 2016

31 August 2016

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ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

Appendix 3Y – Late Lodgement

Please find attached Appendix 3Y Change of Director’s Interest Notices for Alice McCleary and Thomas Phillips AM.

Alice McCleary and Thomas Phillips AM applied for, and were each issued, 170,363 unlisted options (SPP Options) in the Company pursuant to the prospectus dated 27 June 2016. The SPP Options were allotted on 12 August 2016 and option certificates sent to them on 17 August 2016.

The Appendix 3Y documents for Alice and Thomas were not lodged within the required 5 business days due to an administration oversight. This oversight was identified today as part of the Company’s monthly reconciliation procedures and we have responded accordingly by lodging the Appendix 3Y documents the same day.

We have reviewed our procedures that led to the late lodgement of Alice and Thomas’s respective Appendix 3Y documents and confirm that the internal processes that we have in place are otherwise effective to ensure that the Company is able to meet its continuous disclosure obligations under ASX Listing Rule 3.19. However, we have put in place an additional process to ensure that an administrative oversight of this kind does not occur again.

Yours sincerely

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Damien Connor Company Secretary Archer Exploration Limited Tel: (08) 8272 3288

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

Name of entity ARCHER EXPLORATION LIMITED

ABN 64 123 993 233

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Alice McCleary
Date of last notice	06 July 2016

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	No change
No. of securities held prior to change	125,000
Class	Ordinary fully paid ordinary shares
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	125,000 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	N/A
Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Alice McCleary Superannuation Fund
Date of change	12 August 2016
No. of securities held prior to change	2,173,627 fully paid ordinary shares
Class	Fully paid ordinary shares; and Unlisted options
Number acquired	170,363 unlisted options, exercisable at 12 cents, expiring 30 June 2017.
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	n/a
No. of securities held after change	2,173,627 fully paid ordinary shares 170,363 unlisted options, exercisable at 12 cents,expiring30 June 2017.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, **participation inbuy-back **	Unlisted options issued pursuant to the prospectus dated 27 June 2016.

Part 2 – Change of director’s interests in contracts

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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.2 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	06 July 2016

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Tom Phillips Superannuation Fund
Date of change	12 August 2016
No. of securities held prior to change	1,355,709 ordinary fully paid shares
Class	Unlisted options
Number acquired	170,363 unlisted options, exercisable at 12 cents, expiring 30 June 2017.
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	nil
No. of securities held after change	1,355,709 ordinary fully paid shares 170,363 unlisted options, exercisable at 12 cents, expiring 30 June 2017.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Unlisted options issued pursuant to the Example: on-market trade, off-market trade, exercise of options, issue of prospectus dated 27 June 2016. securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002