ARCHER MATERIALS LIMITED — Major Shareholding Notification 2017

Mar 8, 2017

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

To Company Archer Exploration Limited Name/Scheme ACN/ARSN 64 123 993 233

1. Details of substantial holder(1)

Name Gregory David English ACN/ARBN (if applicable) 119 610 627

There was a change in the interests of the substantial holder on 9 March 2017 The previous notice was given to the company on 16 June 2016 The previous notice was dated 14 June 2016

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities(4)	Previousnotice		Presentnotice
	Person’s votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	9,076,644	8.24%	9,076,644	6.616%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

	Date ofchange	Person whoserelevantinterestchanged	Nature of change	Nature of change	Considerationgiven inrelation tochange (7)	Considerationgiven inrelation tochange (7)	Class andnumber ofsecuritiesaffected	Person’svotesaffected	Person’svotesaffected
	9 March 16	Gregory DavidEnglish	Dilution resulting from issue of27,000,000 new shares under a share		N/A		9,076,644ordinary	9,076,644ordinaryshares
			placement to sophisticated and				shares	shares
			prof	essional investors.

• 2 -

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of relevant interest(6)	Class and	Person’s
relevant interest	holder of	to be registered		number of	votes
	securities	as holder(8)		securities
GDE Exploration	GDE Exploration	GDE Exploration	Indirect	1,541,846	1.124%
(SA) Pty Ltd asTrustee for theA1 EnglishFamily Trust	(SA) Pty Ltd< A1 EnglishFamily A/C>	(SA) Pty Ltd< A1 EnglishFamily A/C>	Sole Director of GDEExploration (SA) Pty Ltd
GDE Exploration	GDE Exploration	GDE Exploration	Indirect	7,534,798	5.492%
(SA) Pty Ltd asTrustee for theDragon MiningInvestment Trust	(SA) Pty Ltd< Dragon MiningInvestment A/C>	(SA) Pty Ltd< Dragon MiningInvestment A/C>	Sole Director of GDEExploration (SA) Pty Ltd

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association(9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

The addresses of persons named in this form are as follows:
Name	Address
GDE Exploration (SA) Pty Ltd and its sole director GregoryDavid English	77 Alexandra Avenue, Toorak Gardens SA 5065

Signature

print name: Gregory David English sign here date 9 March 2017