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SILVER MINES LIMITED Board/Management Information 2016

Aug 25, 2016

65881_rns_2016-08-25_c200e92a-5558-4574-9973-a025f37ceb6f.pdf

Board/Management Information

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Level 11, 52 Phillip St Sydney NSW 2000 P: +61 2 8316 3997 F: +61 2 8316 3999 [email protected] www.silverminesltd.com.au

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26[th] August 2016

BOARD CHANGES

Silver Mines Limited (ASX:SVL) (“Silver Mines” or “the Company”) is pleased to advise the appointment of Mr Keith Perrett as Non-Executive Chairman of Silver Mines. Mr Perrett has been a Non-Executive Director of the Company since 21[st] June 2016.

Mr Perrett has had a long involvement in agriculture as a producer and industry leader at local, state, national and international levels. He was formerly Chairman of the Grains Research and Development Corporation (GRDC), the National Rural Advisory Council (NRAC), the Wheat Research Foundation, and President of the Grains Council of Australia. Mr Perrett holds substantial agricultural interests in north-west New South Wales.

Mr Nathan Featherby has resigned as Chairman and Director of the Company to pursue other business interests. The board would like to thank Mr Featherby for his contribution to the Company and wishes him well in his future endeavours.

Yours faithfully

Silver Mines Limited

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Trent Franklin

Company Secretary

About Silver Mines Limited

The Silver Mines strategy has been to consolidate quality silver deposits in New South Wales and to form Australia’s pre-eminent silver company.

The Company’s goal is to provide exceptional returns to shareholders through the acquisition, exploration and development of quality silver projects and maximising leverage to an accretive silver price.

Silver Mines Limited ABN: 45 107 452 942

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