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Berkeley Energia Limited Board/Management Information 2017

Jun 12, 2017

14839_rns_2017-06-12_4caef40b-59bb-48c8-bc75-453fbc7d48e2.pdf

Board/Management Information

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NEWS RELEASE | 13 June 2017 | AIM/ASX: BKY

Co-Founder of Majedie Asset Management appointed as Non-Executive Director

Berkeley Energia is pleased to announce that Mr Adam Parker has been appointed as an independent Non-Executive Director of the Company effective 14 June 2017.

Mr Parker joins the Company after a long and successful career in institutional fund management in the City of London spanning almost three decades, including being a co-founder of Majedie Asset Management, which today manages assets of approximately £14 billion.

Mr Parker began his career in 1987 at Mercury Asset Management (subsequently acquired by Merrill Lynch and now part of BlackRock) and left in 2002 when he cofounded Majedie Asset Management.

He was instrumental in building Majedie Asset Management into the successful investment boutique that it is today. He managed funds including the Majedie UK Opportunities Fund, the Majedie UK Smaller Companies Fund and a quarter of the Majedie UK Focus Fund, which all outperformed their benchmarks during his tenure.

Mr Parker holds a B.A. Hons in Chemistry from Oxford University and is an Associate of the CFA Society United Kingdom.

Mr Parker retired from Majedie Asset Management in 2015 and has no ongoing input or influence in the management of its investments, including the firm’s current ownership of approximately 5.30% of the Company.

Paul Atherley, Managing Director, commented:

"We are delighted that Mr Parker has joined our Board, bringing with him a wealth of financial and corporate experience gained over an extensive career in London financial markets.

Mr Parker’s appointment reinforces the Company’s commitment to create a strong independent and European-focussed Board as it brings the Salamanca mine into production.”

For further information please contact:

Paul Atherley Hugo Schumann Managing Director Chief Commercial Officer +44 203 903 1930 [email protected]

Buchanan Communications Ltd.

Bobby Morse Anna Michniewicz Senior Partner Account Director +44 207 466 5000 [email protected]