EMPIRE RESOURCES LIMITED — Capital/Financing Update 2017

Apr 9, 2017

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MARKET RELEASE

10 April 2017

Empire Resources Limited

TRADING HALT

The securities of Empire Resources 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, 12 April 2017 or when the announcement is released to the market.

Security Code: ERL

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

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ACN 092 471 513

8 April 2017

By Email:-

Ben.Secrett@asx.com.au tradinghaltsperth@asx.com.au

ASX Limited Level 40 Central Park 152-158 St George's Terrace Perth WA 6000

Dear Ben

REQUEST FOR TRADING HALT

The Directors of Empire Resources Limited (ASX code: ERL) request a trading halt of the company's securities.

The Company requests the trading halt pending the release of an announcement to the market in relation to a capital raising.

The Company requests that the trading halt ends on the earlier of the commencement of trading on 12 April 2017 or when an announcement on this matter is released to the market.

We are not aware of any reason why the trading halt should not be granted.

Yours sincerely

Simon Storm Company Secretary

PRINCIPAL AND REGISTERED OFFICE

53 Canning Highway Victoria Park WA 6100

Tel: +61 (0)8 9361-3100 Fax: +61 (0)8 9361-3184