Ann: Extension of AGM, page-2

Without dealing with ANS, SDL will not be in Trading suspension and it will be debt free, and noteholders will become the controlling shareholders. Can SDL board cancel the deal with ANS and enter new deal with other parties who have solid capital structure and financial strength?

Extract from announcement today on 2 Nov 2018

Sundance’s position is that, notwithstanding the expiryof the Mbalam Convention, Cam Iron (a subsidiary of Sundance) holds priorityrights over the area previously the subject of exploration permit EP92.Sundance is in the process of obtaining further evidence to support this positionfor the purpose of finalising its Annual Report for the financial year ended 30June 2018 (2018 Annual Report), which in turn resulted in Sundance seekingthe extension to its 2018 AGM. Sundance will issue the 2018 Annual Report assoon as possible and will advise shareholders of the exact date of the AGM indue course.