Iluka Resources : Dividend reinvestment plan share allocation for 2017 Final Dividend

Australian Securities Exchange Notice

23 April 2018

DIVIDEND REINVESTMENT PLAN SHARE ALLOCATION

FOR 2017 FINAL DIVIDEND

On 17 April 2018, Iluka Resources Limited announced that the allocation price for shares to be issued through the Dividend Reinvestment Plan ("DRP") for the 2017 final dividend is $10.5638.

The allocation price for shares to be issued has been determined in accordance with the rules of the DRP. For the 2017 final dividend, the allocation price was calculated as the average of the daily volume weighted average price of Iluka Resources Limited shares, on each of the 10 consecutive trading days during the period from 3 April 2018 to 16 April 2018 inclusive.

Based on audited data, shareholders representing 33.72 per cent of Iluka Resources Limited shares on issue had a valid election to participate in the DRP for the period.

Shares were issued to DRP participants today, 23 April 2018.

Further details regarding the DRP can be found in the Update - Dividend/Distribution announcement, released on 17 April 2018 to the Australian Securities Exchange.

Investor and media enquiries

Adele Stratton

General Manager Finance and Investor Relations

Phone: + 61 (0) 8 9360 4631

Mobile: [phone] Email:[e-mail]

Iluka Resources Limited • ABN 34 008 675 018 • Level 23 140 St Georges Terrace Perth WA 6000

GPO Box U1988 Perth WA 6845 • T [phone] • F [phone] •www.iluka.com