Press Release

Consolidated Africa new on NSX

Tuesday, March 15, 2016

The National Stock Exchange of Australia, Australia's market for growth companies, is pleased to welcome Consolidated Africa Limited to the NSX official list. Quotation of Consolidated Africa’s shares (NSX: CRA) commences on the National Stock Exchange of Australia at 11am today, Tuesday 15th March. The principal activity of the Consolidated Africa is graphite exploration in Africa. The Company is focused on taking advantage of the opportunity to continue the geophysical exploration, development and commercialisation of a graphite mineral project in Uganda, Africa. NSX Companies Manager Ian Craig welcomed Consolidated Africa to the NSX official list. “The directors and staff of Consolidated Africa are to be congratulated on their NSX listing. We wish them success in the field and success in the market as the Company develops its Ugandan project.” “Consolidated Africa’s successful capital raising in the current climate for resources investment is highly commendable. Investors prefer the security of knowing their company is listed on a regulated exchange. NSX is able to provide Consolidated Africa with a flexible and cost effective listing that will stand them in good stead in the years ahead,” Mr Craig said.

Nominated Advisers

Eakin McCaffery Cox acts as Nominated Adviser to Consolidated Africa.