Berkeley Energia Limited — Capital/Financing Update 2018

Jul 17, 2018

NEWS RELEASE | 18 July 2018 | LSE/SSE/ASX: BKY

Berkeley Energia becomes Spain's only listed mining company ahead of potential €250 million post Brexit trade deal

Berkeley Energia Limited is pleased to announce that following its listing on the Main Market of the London Stock Exchange last month the Spanish National Securities Market Commission has advised the Company that all applicable requirements for the listing of all its issued ordinary shares to the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges have been met.

Berkeley Energia’s successful listing in Spain is a strong validation of its investment in the Salamanca region, and one which represents a major post-Brexit bilateral trade deal.

It is expected that admission to the Spanish Exchanges will be effective from today, 18 July 2018, through the Spanish Automated Quotation System (Mercado Continuo). Berkeley’s approved Prospectus, copies of which together with the Spanish translation of the summary section of the Prospectus are available on its website at www.berkeleyenergia.com/investor-relations/companyreports/ and at the National Storage Mechanism website, www.morningstar.co.uk/uk/nsm.

Berkeley confirms that its home member state for the purposes of the Disclosure Guidance and Transparency Rules is the United Kingdom.

Berkeley's Managing Director & CEO, Paul Atherley, commented:

“It is a great honour to join the ranks of the famous listed Spanish companies and to become the only listed mining Company in the birthplace of Rio Tinto.

We welcome the recently announced EU directive which wants to increase investment in mining to reduce youth unemployment and stop the Community being so dependent on imported minerals.

Our potential €250 million investment will rejuvenate a local community which is suffering from long term depopulation and some of the highest levels of youth unemployment within the EU.”

Simon Manley, British Ambassador to Spain and Andorra, commented:

“I very much welcome Berkeley Energia’s listing on the Spanish Exchange and its potential €250 million investment in Castilla y León, creating up to 2,500 jobs, as another example of the strength of British investment in Spain and of our €60 billion bilateral trading relationship.”

The Company has not raised any funds or issued any new shares in connection with London Stock Exchange and Spanish Stock Exchange admissions. The Company’s shares will continue to be registered with their existing ISIN number AU000000BKY0 and SEDOL number B1KZDW4. The Company’s issued share capital on Spanish Stock Exchange admission is 258,334,420 ordinary shares.

For further information, please contact:

Paul Atherley Managing Director & CEO +44 203 903 1930

Sean Wade Chief Commercial Officer

info@berkeleyenergia.com