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REG-88 Energy Ltd: Issue of Equity <Origin Href="QuoteRef">88E.AX</Origin>

88 Energy Limited                               

                                Issue of Equity                                

88 Energy Limited ("88E" or the "Company") confirms that it has today issued a
total of 3,000,000

fully paid ordinary shares ("Ordinary Shares") pursuant to the exercise of
options.

Application has been made for admission of 3,000,000 Ordinary Shares to trading
on AIM, which is expected to occur on 24 March 2016. Following the issue of the
Ordinary Shares, which rank pari passu to the existing ordinary shares in the
Company, the Company has 3,177,864,656 ordinary shares in issue, all of which
have voting rights.

Media and Investor Relations:

Australia                                                                    
                                                                             
88 Energy Ltd                                                                
admin@88energy.com                                                           
+61 8 9485 0990                                                              
                                                                             
Hartleys Limited                                                             
As Corporate Advisor                                                         
Mr Dale Bryan                                                                
+61 8 9268 2829                                                              
                                                                             
United Kingdom                                                               
                                                                             
Cenkos Securities Plc                                                        
As Nominated Adviser                                                         
Mr Neil McDonald                       Mr Derrick Lee                        
Tel: +44 (0)131 220 9771 / +44 (0)207  Tel: +44 (0)131 220 9100 / +44 (0)207 
397 1953                               397 8900                              



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