ASX/Media Announcement

27 July 2016

SECONDARY TRADING NOTICE

Thundelarra Limited (ASX:THX) (Company) has today issued 50,000,000 fully paid ordinary shares in the capital of the Company (Shares) at an issue price of $0.05 per share to professional and sophisticated investors to raise $2.5 million (before costs). The Shares are in a class of securities quoted on the Australian Securities Exchange (ASX).

The Corporations Act 2001 (Cth) (Corporations Act) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under 708 or 708A of the Corporations Act. By the Company giving this notice, sale of the Shares noted above will fall within the exemption in section 708A(5) of the Corporations Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Corporations Act that:

1. the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

2. this notice is given pursuant to paragraph 5(e) of section 708A of the Corporations Act;

3. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act; and

4. as at the date of this notice, there is no information:

5. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

6. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

7. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

8. the rights and liabilities attaching to the Shares

9. For further Information please contact:

   Frank DeMarte Thundelarra Limited Company Secretary

   +61 8 9389 6927

   THUNDELARRA LIMITED

   Issued Shares: 423.5M ASX Code: THX

   Thundelarra Limited | ABN: 74 950 465 654 | Level 1, 186 Hampden Rd, Nedlands WA 6009 | PO Box 7363, Cloisters Square, WA, 6850 |

   www.thundelarra.com.au | [email protected] | Tel: +61 8 9389 6927 | Fax: +61 8 9389 5593