ORA BANDA MINING LTD — Capital/Financing Update 2018

Sep 18, 2018

19 September 2018

Mr Ben Secrett Senior Advisor Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park 152-158 St George’s Terrace PERTH WA 6000

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Via Email: tradinghaltsperth@asx.com.au

Dear Ben,

EASTERN GOLDFIELDS LIMITED (ASX: EGS) - REQUEST FOR EXTENSION OF VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, Eastern Goldfields Limited (“Company”) requests a continuation of the voluntary suspension of the Company’s securities.

In accordance with ASX Listing Rule 17.2, the Company provides the following information:

1. Reason for suspension – The Company requests a continuation of the voluntary suspension in its securities so that the Company can finalise a $75 million recapitalisation package ( Recapitalisation ).

2. Duration of the suspension – the Company anticipates that the voluntary suspension will remain in place until the earlier of such time as it makes an announcement to the market in relation to the Recapitalisation, which it expects to make on or before market open, Wednesday 26 September 2018.

3. Termination of the suspension – the Company anticipates that the voluntary suspension will cease upon it making an announcement in relation to the Recapitalisation.

4. No reason – the Company is not aware of any reason why the voluntary suspension should not be granted.

5. Other information – the Company is not aware of any other information to inform the market about the voluntary suspension.

Yours sincerely,

Brendon Morton

Company Secretary

EASTERN GOLDFIELDS LIMITED | www.easterngoldfields.com.au | ASX:EGS 24 MUMFORD PLACE BALCATTA WA 6021 T: +61 8 6241 1866 | F: +61 8 6241 1811 | ABN: 69 100 038 266