Substantial Holder Interest Changes for Jacka Resources

18 March 2014 TANGIERS PETROLEUM LIMITED Notice of Change of Interests of Substantial Holder for Jacka Resources Tangiers Petroleum Limited ("Tangiers" or the "Company") advises that inrelation to the announced Recommended Takeover Offer by Tangiers for JackaResources Limited ("Jacka"), in accordance with section 671B(1)(c) of theCorporations Act 2001, a Notice of Change of Interests of Substantial Holder(Form 604) has been lodged with ASIC and the ASX and is available from theCompany's website. This notice sets out that as of 18 March 2014, Tangiers (onbehalf of itself and each of its controlled entities) holds 51,004,431 sharesin Jacka, representing 15.18% of Jacka's issued capital. ROBERT DALTONJoint Company Secretary Tangiers Petroleum LimitedLevel 2, 5 Ord StreetWest Perth WA 6005, AustraliaPh: + 61 8 9485 0990www.tangierspetroleum.com Contacts RFC Ambrian Limited (Nominated Adviser)Mr Stuart Laing+61 8 9480 2506 Peel Hunt LLP (Joint AIM Broker)Mr Richard CrichtonMr Andy Crossley+ 44 20 7418 8900 Mr Ed Portman (Media and Investor Relations - United Kingdom)Tavistock Communications+44 20 7920 3150