Forte Energy NL

AIM Release

15 December 2015

Share Issue for Darwin Conversion Notice

Forte Energy NL ("Forte Energy" or "The Company") (AIM: FTE)

Forte Energy announces the allotment of 1,120,071,685 fully paid ordinary shares ("Conversion Shares") in the Company to Darwin Capital Limited ("Darwin"). The Conversion Shares have been issued following the receipt of a conversion notice today from Darwin in relation to the convertible loan notes announced on 26 March 2015.

The Conversion Shares were issued at 0.004464 pence per share for the exercise of conversion rights in respect of £50,000 of Convertible Loan Notes. Following this share issue, Convertible Loan Notes issued in March 2015 for £550,000 remain outstanding.

Application has also been made to the AIM market of the London Stock Exchange ("AIM") for the Conversion Shares to be admitted to trading on AIM from 21 December 2015. Following admission of the Conversion Shares Forte Energy will have 8,084,953,182 shares in issue.

Murray Wylie Company Secretary

For further information contact: Mark Reilly, Managing Director

Forte Energy NL Tel: +61 (0) 8 9322 4071

Oliver Morse

RFC Ambrian Ltd Tel: +61 (0) 8 9480 2500 (AIM Nominated Adviser to the Company)

Forte Energy NL

Suite 3, Level 3

1292 Hay Street West Perth WA 6005

Ph: +61 (0)8 9322 4071

Fax: +61 (0)8 9322 4073

Email: [email protected] Web: www.forteenergy.com.au