Close of Cleansing Offer

23 March 2015 88 ENERGY LIMITED Close of Cleansing 88 Energy Limited ("88E", "Company") wishes to advise that the Cleansing Offerunder its Prospectus dated 16 February 2015 is now closed. The offer of up to 1,000 Shares at an issue price of $0.01 per Share to raiseup to $200 was made for the purpose of removing secondary trading restrictionson the sale of Shares issued without disclosure after the date of theProspectus. 88E would like to reiterate its appreciation for the support from itsshareholders and looks forward to providing an update on Project Icewine in thenear term. DAVID WALLManaging Director 88 Energy LimitedLevel 2, 5 Ord StreetWest Perth WA 6005, AustraliaPh: + 61 8 9485 0990www.88energy.com Contacts RFC Ambrian Limited As Nominated AdviserMr Oliver Morse+61 8 9480 2500