BEACH ENERGY LIMITED — Director's Dealing 2012

May 7, 2012

Appendix 3Y Change of Director’s Interest Notice

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	BEACH ENERGY LIMITED
ABN	20 007 617 969

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director JOHN CHARLES BUTLER

Date of last notice 30 May 2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Shares held indirectly by John Charles Butler
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares held by trustee of a superannuation fund of which J C Butler is a beneficiary
Date of change	3 May 2012
No. of securities held prior to change	148,793 fully paid ordinary shares held by Trust Company Superannuation Services Limited ATF The BT Super Wrap Personal Super Plan (member – J C Butler)
Class	Fully paid ordinary shares
Number acquired	18,600 fully paid ordinary shares (by Trust Company Superannuation Services Limited ATF The BT Super Wrap Personal Super Plan (member – J C Butler)
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$1.40 per share

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	167,393 fully paid ordinary shares held by Trust Company Superannuation Services Limited ATF The BT Super Wrap Personal Super Plan (member – J C Butler)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of securities under the 1 for 8 Retail Entitlement Offer which closed 20 April 2012

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Part 3 -[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	NA
If prior written clearance was provided, on what date was this provided?	NA

• See chapter 19 for defined terms.

Appendix 3Y Page 3

30/9/2001