BPH ENERGY LTD — Capital/Financing Update 2017

Jan 17, 2017

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18[th ] January 2017

Companies Announcement Office ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000

Dispatch of offer Document

BPH Energy Limited (ASX:BPH) confirms that dispatch to eligible shareholders
of the Offer Document and personalised Entitlement and Acceptance Form
relating to the one [1] for one [1] Pro rata Non-renounceable Rights issue
announced 23 December 2016 has been completed today

Yours sincerely

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David Breeze Chairman

BPH Energy Limited ACN 95 912 002 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