Close of Cleansing Offer

23 March 2015

                               88 ENERGY LIMITED                               

                              Close of Cleansing                               

88 Energy Limited ("88E", "Company") wishes to advise that the Cleansing Offer
under 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 raise
up to $200 was made for the purpose of removing secondary trading restrictions
on the sale of Shares issued without disclosure after the date of the
Prospectus.

88E would like to reiterate its appreciation for the support from its
shareholders and looks forward to providing an update on Project Icewine in the
near term.

DAVID WALL
Managing Director

88 Energy Limited
Level 2, 5 Ord Street
West Perth WA 6005, Australia
Ph: + 61 8 9485 0990 
www.88energy.com


Contacts

RFC Ambrian Limited

As Nominated Adviser
Mr Oliver Morse
[phone]