European Lithium Ltd

("European Lithium", "EUR" or "the Company")

Issue of Shares

European Lithium Limited (ASX:EUR, FRA:PF8, VSE:ELI, NEX:EUR) (the Company) advises that 2,000,000 fully paid shares (the Shares) have been issued to MEF I LP as announced on 7 September 2018. The full announcement can be seen at: https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=EUR&timeframe=D&period=M6

Following this issue of shares, the Company's issued share capital comprises 553,860,068 ordinary shares of no par value, with each share carrying the right to one vote. The Company does not hold any ordinary shares in treasury.

The above figure of 553,860,068 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

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Visit the Company's website to find out more about the advanced Wolfsberg Lithium Project located in Austria.

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