Not for release to US wire services or distribution in the United States

ASX Announcement

Institutional Entitlement Offer Update

22 August 2018

The Company announced on 15 August 2018 that it had raised $2.45 million representing 30,625,000 New Shares through the institutional component of its 1 for 4 pro‐rata non‐renounceable entitlement offer, but as of today only $2.35 million has been received with the balance expected in coming days. Accordingly, settlement of the lesser amount of 29,375,000 New Shares will take place today and those New Shares will be allotted on 23 August 2018 and will commence trading on a normal settlement basis on the ASX on the same day.

An Appendix 3B will also be lodged today with respect to the allotment of those New Shares.

Not for release to US wire services or distribution in the United States

This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be registered, under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act of 1933 and applicable US state securities laws.

Arafura Resources Limited ABN: 22 080 933 455

Level 3, 263 Adelaide Terrace, Perth WA 6000 PO Box 5773, St Georges Terrace, Perth WA 6831

T: +61 8 6210 7666 W: E:arafura



Arafura Resources Ltd. published this content on 22 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 August 2018 01:21:08 UTC