2nd August 2016

Companies Announcements Office Australian Securities Exchange Exchange Centre

20 Bridge Street

Sydney, NSW 2000 Dear Sir/Madam,

RE: RELEASE OF RESTRICTED SECURITIES FROM ESCROW

In accordance with ASX Listing Rule 3.10A, the Company wishes to advise that 21,671,827 fully paid ordinary shares and 10 performance shares will be released from escrow on 18 August 2016.

Following release of these restricted securities from escrow and application for quotation for the ordinary shares to the Australian Securities Exchange ("ASX") the company will have 107,183,292 ordinary shares quoted on the ASX.

Yours faithfully,

SPITFIRE RESOURCES LIMITED

Russell Hardwick

Director/Secretary

Spitfire Materials Limited | ABN 40 125 578 743

Australia | Suite 1, 346 Barker Road, Subiaco WA 6008 | PO Box 8050, Subiaco East WA 6008 Tel +61 (0)8 6380 9660 | Fax +61 (0)8 6380 9650

admin@spitfireresources.com

Spitfire Materials Ltd. published this content on 02 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 August 2016 04:14:09 UTC.

Original documenthttp://www.spitfirematerials.com/wp-content/uploads/2016/08/SPI-ASX-Escrow-Release-Aug-2016.pdf

Public permalinkhttp://www.publicnow.com/view/A45BE9D790E2D580E9E79122DD743851746364FB