TALIUS GROUP LIMITED — Capital/Financing Update 2017

Jan 31, 2017

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1 February 2017

The Manager Company Announcements Office Australian Securities Exchange PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam,

Expiry of Listed Options

The Company advises that 22,898,252 listed options in the Company, exercisable at $0.10 expired on 31 January 2017.

Yours faithfully,

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Ranko Matic Non-Executive Director Company Secretary

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London House, Level 3 216 St Georges Terrace Perth WA 6000 PO Box 7775 Cloisters Square, Perth WA 6850

ABN: 62 111 823 762 tel: +61 8 9226 4500 fax: +61 8 9226 4300 antillesoilandgas.com.au