TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

    1. Identity of the issuer or the underlying issuer                                              
    of existing shares to which voting rights are                                                   
    attached:ii                                          AURA ENERGY LIMITED                        
                                                                                                    
    2 Reason for the notification (please tick the appropriate box or boxes):                       
                                                                                                    
                                                                                                    
    An acquisition or disposal of voting rights                                            X        
                                                                                                    
    An acquisition or disposal of qualifying financial instruments which may result                 
    in the acquisition of shares already issued to which voting rights are attached                 
                                                                                                    
    An acquisition or disposal of instruments with similar economic effect to                       
    qualifying financial instruments                                                                
                                                                                                    
                                                                                                    
    An event changing the breakdown of voting rights                                                
                                                                                                    
    Other (please specify):                                                                         
                                                                                                    
                                                                                                    
                                                                                                    
    3. Full name of person(s) subject to the                                                        
    notification obligation: iii                 BARBARA ANN MORGAN                                 
                                                                                                    
                                                                                                    
                                                                                                    
    4. Full name of shareholder(s)                                                                  
    (if different from 3.):iv                                                                       
                                                                                                    
    5. Date of the transaction and date on                                                          
    which the threshold is crossed or reached: v 16-18 January 2017                                 
                                                                                                    
                                                                                                    
    6. Date on which issuer notified:            19 January 2017                                    
                                                                                                    
    7. Threshold(s) that is/are crossed or                                                          
    reached: vi, vii                             14% and 13% thresholds                             
                                                                                                    

       

      8. Notified details:                                                                                                                                                    
                                                                                                                                                                              
                                                                                                                                                                              
    A: Voting rights attached to shares viii, ix                                                                                                                              
                                                                                                                                                                              
    Class/type of shares                      Situation previous to the triggering    Resulting situation after the triggering transaction                                    
                                              transaction                                                                                                                     
    if possible using the ISIN CODE                                                                                                                                           
                                              Number              Number              Number                 Number of voting                % of voting rights x             
                                              of                  of Voting Rights    of shares              rights                                                           
                                              Shares                                                                                                                          
                                                                                                                                                                              
                                                                                      Direct                 Direct xi        Indirect xii   Direct           Indirect        
                                                                                                                                                                              
                                                                                                                                                                              
    AU000000AEE7                              102,379,569         102,379,569         87,719,298              87,719,298                     12.19%                           

       

                                                                                               
    B: Qualifying Financial Instruments                                                        
                                                                                               
                                                                                               
    Resulting situation after the triggering transaction                                       
                                                                                               
    Type of financial     Expiration Exercise/           Number of voting      % of voting     
    Instrument            date xiii  Conversion Period   rights that may be    rights          
                                     xiv                 acquired if the                       
                                                         instrument is                         
                                                         exercised/ converted.                 
                                                                                               

       

    C: Financial Instruments with similar economic effect to Qualifying Financial                 
    Instruments                                                                                   
    xv, xvi                                                                                       
                                                                                                  
                                                                                                  
    Resulting situation after the triggering transaction                                          
                                                                                                  
    Type of financial Exercise   Expiration Exercise/   Number of voting       % of voting rights 
    instrument        price      date xvii  Conversion  rights                 xix,               
                                            period      instrument refers to   Xx                 
                                            xviii                                                 
                                                                                                  
                                                                                                  
                                                                               Nominal    Delta   
                                                                                                  

       

                                                                                             
    Total (A+B+C)                                                                            
                                                                                             
    Number of voting rights                     Percentage of voting rights                  
                                                                                             
                                                                                             
     87,719,298                                 12.19%                                       

       

                                                                                            
    9. Chain of controlled undertakings through which the voting rights and/or the          
    financial instruments are effectively held, if applicable: xxi                          
                                                                                            

       

    Proxy Voting:                                                                            
                                                                                             
                                                                                             
    10. Name of the proxy holder:                           N/A                              
                                                                                             
                                                                                             
    11. Number of voting rights proxy holder will cease to                                   
    hold:                                                   N/A                              
                                                                                             
                                                                                             
    12. Date on which proxy holder will cease to hold                                        
    voting rights:                                          N/A                              

       

                                                                                             
    13. Additional information:                                                              
                                                                                             
                                                                                             
    14. Contact name:                           Kamran Sattar                                
                                                                                             
                                                                                             
    15. Contact telephone number:               +44(0)7723308193