COKAL LIMITED — Capital/Financing Update 2017

May 21, 2017

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MARKET RELEASE

22 May 2017

Cokal Limited

TRADING HALT

The securities of Cokal Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday, 24 May 2017 or when the announcement is released to the market.

Security Code: CKA

Mauro Piccini

SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)

Level 40 Central Park 152-158 St Georges Terrace Perth WA 6000

www.asx.com.au Phone:08 9224 0000 Customer service 13 12 79

ASX Compliance Pty Limited ABN 26 087 780 489

T +61 7 3212 6299 E info@cokal.com.au

Level 10, 110 Mary Street, Brisbane QLD 4000 PO Box 7122, Brisbane QLD 4001

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ABN 55 082 541 437 (ASX: CKA) www.cokal.com.au

22 May 2017

ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

By email: tradinghaltsperth@asx.com.au

Dear Sir or Madam,

RE: Cokal Limited (ASX:CKA) Request for Trading Halt

Cokal Limited (the Company ) requests a trading halt in respect of its shares.

The trading halt is requested pending the announcement by the Company regarding project financing.

In accordance with Listing Rule 17.1, the Company advises:

1. the trading halt is necessary for the Company to make an announcement to the market in relation to project financing;

2. the trading halt should remain in place until the commencement of trading on Wednesday 24 May 2017 unless before that time the Company makes an announcement regarding project financing or requests that the trading halt be lifted; and

3. the Company is not aware of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Yours sincerely Cokal Limited

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Domenic Martino Chairman