This notice is given by Kasbah Resources Limited (Kasbah or Company) under Section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

The Company hereby confirms that: the Company has issued 1,167,090 fully paid ordinary shares (Shares) for nil consideration in relation to the automatic vesting and exercise of share rights pursuant to the Non-Executive Director Share Rights Plan as approved by shareholders at the Company's 24 November 2017 Annual General Meeting. The share rights were granted in consideration for salary sacrifice of director's fees made by participating Non-Executive Directors.

the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

the Company is providing this notice under paragraph 5(e) of section 708A of the Corporations Act;

(as at the date of this notice the Company, as a disclosing entity under the Corporations Act, has complied with:

the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act as it applies to the Company and as at the date of this announcement, there is no excluded information of the type referred to in Sections 708A(7) and 708A(8) of the Corporations Act.

Contact:

Tel: +61 3 9482 2223

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