BAUXITE RESOURCES LIMITED

RECEIPT OF VARIED PROPORTIONAL

OFF-MARKET TAKEOVER OFFER

Bauxite Resources Limited (ASX:BAU) (BRL) refers to the announcement to the Australian Securities Exchange dated 19 January 2018 that the wholly owned subsidiary of Mercantile Investment Company Limited (ASX:MVT), Mercantile OFM Pty Ltd (Mercantile OFM) has varied and extended its proportional takeover offer to purchase one of every two fully paid ordinary shares in BRL that it does not already own (Varied Offer).

The Board of BRL is considering its response to the Varied Offer.

BRL Shareholders are advised to TAKE NO ACTION in relation to the Varied Offer from Mercantile OFM until they receive the formal recommendation from the Board of BRL.

The Board of BRL will keep shareholders fully informed of further developments as they occur.

DATE: 19 January 2018

ASX Code: BAU

BAUXITE RESOURCES LTD ABN: 72 119 699 982

DIRECTORS:

Robert Nash

Non Executive Chairman Luke Atkins

Non Executive Director Neil Lithgow

Non Executive Director Zhaozhong Wang Non Executive Director

Sam Middlemas

Chief Executive Officer and Company Secretary

Head Office:

Suite 10, 295 Rokeby Road Subiaco WA 6008

Mail:

Suite 10, 295 Rokeby Road Subiaco WA 6008

T: +61 8 9200 8200 F: +61 8 9200 8299

E:admin@bauxiteresources.com.auW:www.bauxiteresources.com.au

Share Registry:

Security Transfer Registrars

PO Box 535

Applecross WA 6953

T: +61 8 9315 2333

F: +61 8 9315 2233

For further company details please visitwww.bauxiteresources.com.au or contact:

Bauxite Resources Ltd

Sam Middlemas, CEO

Tel: (08) 9200 8200 Mb: 0419 936 040

Bauxite Resources Limited published this content on 22 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 January 2018 21:29:06 UTC.

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