Kangaroo Resources : Board Appointments

11 July 2017 The Manager

ASX Market Announcements ASX Ltd

Level 4, 20 Bridge Street

Sydney, NSW 2000 Dear Sir

BOARD APPOINTMENTS

Kangaroo Resources Limited

ABN: 38 120 284 040 ASX Code: KRL

Kangaroo Resources Limited ("Kangaroo" or the "Company") is pleased to announce that Mr Damien Henderson and Mr Darcy Wentworth have been appointed to the Kangaroo Board.

Mr Henderson has been involved in senior management roles with the Company since 2011 and has been Financial Controller since 2013. He has previously worked in senior accounting and finance roles for a number of international mining companies in Australia, Asia and Africa including Rio Tinto, Placer Dome (now Barrick Gold), and Peabody Winsway. He is a Fellow Certified Practising Accountant.

Mr Wentworth has been appointed to the Board as an independent, non-executive Director. Mr Wentworth previously served on the Board from June 2011 to April 2013. He is a senior mining engineer with significant experience in open cut coal mines in Australia and Indonesia. He has a Bachelor of Science and Bachelor of Engineering (Mining) from Sydney University, Australia as well as a Master of Science (Mining) from the Colorado School of Mines, USA and is a member of the Australian Institute of Mining and Metallurgy.

Mr Russell Neil, Managing Director, said "We welcome both Damien and Darcy to the Board. We believe their appointments will strengthen the financial and technical expertise of the current Board and we look forward to their contribution going forward".

Yours faithfully

Paul Jurman Company Secretary

Perth Office Lvl 2 Suite 9, 389 Oxford St MT HAWTHORN Western Australia, 6016

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