BPH ENERGY LTD — Capital/Financing Update 2016

Aug 25, 2016

26 August 2016

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Companies Announcements Office ASX Limited 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

RE: ASX Listing Rule 7.1A4(b) – Additional Disclosure

On 8 August 2016, BPH Energy Ltd (“BPH” or “the Company”) announced the issue of 5,628,518 ordinary shares at a price of $0.00533 per share. This placement was made pursuant to ASX Listing Rule 7.1A.

Please find below the additional disclosure in relation to ASX Listing Rule 7.1A4(b) and ASX Listing Rule 3.10.5A(a) detailing the dilution to shareholders of ordinary securities as a result of the placement.

• (a) Details of the dilution to shareholders of ordinary securities caused by the issue;

The below outlines the dilution caused by the allotment of 5,628,518 fully paid ordinary shares under ASX Listing Rule 7.1A:

• Number of ordinary shares on issue prior to allotment – 352,463,259 shares

• Number of ordinary shares on issue post allotment under ASX Listing Rule 7.1A – 358,091,777

• Percentage of voting dilution post the issue under ASX Listing Rule 7.1A – 1.57%

• (b) The Company issued the relevant shares under ASX Listing Rule 7.1A in satisfaction of consultancy services. These were issued to an external party who were not existing shareholders of the Company.

• (c) There were no underwriting agreements in place for this issue.

• (d) There were no other fees or costs incurred in connection with the issue.

Yours sincerely

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Deborah Ambrosini Company Secretary

BPH Energy Ltd ACN 095 912 002 PO Box 317, North Perth, Western Australia 6906 14 View Street, North Perth, Western Australia 6006 admin@bphenergy.com.au www.bphenergy.com.au T: +61 8 9328 8366 F: +61 8 9328 8733