NEURIZER LTD — Board/Management Information 2016

Sep 14, 2016

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15 September 2016

Manager Companies Companies Announcements Office Australian Securities Exchange

LEIGH CREEK ENERGY LIMITED ASX ANNOUNCEMENT

LCK Internal Restructure

Following the recent announcement that Leigh Creek Energy Limited (LCK) Managing Director, Mr David Shearwood, will be stepping down from his role effective September 30 2016, LCK today announced changes to the management team.

The roles of Chief Executive Officer (CEO) & Chief Financial Officer (CFO), currently fulfilled by Mr Phil Staveley, will in future be separated. Mr Staveley will focus entirely on the role of CEO. This change has been made to allow Mr Staveley to fully focus on his duties as CEO during this critical phase of the Company’s growth and development.

Mr Mark Terry will move from his current role of General Manager - Project Development to his new role as CFO. Mr Terry is an experienced resources executive who brings to bear his considerable financial and commercial acumen and experience with other listed resource companies. As CFO Mr Terry’s duties will include all commercial facets of the business in addition to the finance and IT functions.

Mr Justin Haines, currently General Manager - Technical Services, will take on the role of Chief Operating Officer and will be responsible for the delivery of the Leigh Creek Energy Project.

The changes to the structure and positions within the company will be covered by people already employed within the company and will lead to no increase in costs at this time. This will ensure continuity within the company whilst simultaneously adding to the capacity of the business. Executive Chairman Justyn Peters noted that these are all internal appointments demonstrating the effectiveness of the Company’s succession planning initiatives and that there have been no changes to the remuneration of the executives concerned.

For further information contact:

Justyn Peters Executive Chairman Leigh Creek Energy Ph: (08) 8132 9100

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About Leigh Creek Energy

Leigh Creek Energy Limited ( LCK ) is an emerging gas company focused on developing its Leigh Creek Energy Project ( LCEP ), located in South Australia. The LCEP will produce high value products such as electricity, methane and fertiliser from the remnant coal resources at Leigh Creek utilising In Situ Gasification ( ISG ) technologies, and will provide long term growth and opportunities to the communities of the northern Flinders Ranges and South Australia.

The Company is committed to developing the LCEP using a best practice approach to mitigate the technical, environmental and financial project risks to as low as can be reasonably achieved.

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