BEACH ENERGY LIMITED — Director's Dealing 2012

Mar 25, 2012

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

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	ROBERT MICHAEL KENNEDY
Date of last notice	4 October 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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Mandurang Pty Ltd (Trustee of familytrust) and Triple Eight Gold Pty Ltd astrustee of the Blue Sky Trust of whichRobert Michael Kennedy is one of a classof persons who may be a beneficiary andRMK Super Pty Ltd (RMK Personal S/FA/C)
Date of change	23 March 2012
No. of securities held prior to change	911,199 fully paid ordinary shares by TripleEight Gold Pty Ltd (as trustee of the BlueSky Trust)554,674 fully paid ordinary shares byMandurang Pty Ltd10,087 fully paid ordinary shares by RMKSuper Pty Ltd (RMK Personal S/F A/C)
Class	Fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

			Change	Change	Change	Appendix 3Yof Director’s Interest Notice	Appendix 3Yof Director’s Interest Notice
		Number acquired			53 fully	paid ordinary shares by RMK
					Super Pt	y Ltd (RMK Personal S/F A/C)
					2,910 fully paid ordinary shares by
					Mandurang Pty Ltd
					4780 fully paid ordinary shares by T		riple
					,Eight Gold Pty Ltd (as trustee of the
					SkyTrust)
					Nil
		Number disposed
		Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation			$1.430 per share
		No. of securities held after change			915,979 fully paid ordinary shares byTriple Eight Gold Pty Ltd (as trustee ofthe Blue Sky Trust)557,584 fully paid ordinary shares byMandurang Pty Ltd10,140 fully paid ordinary shares by RMKSuper Pty Ltd (RMK Personal S/F A/C)
		Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back			Issue of securities under the DividendInvestment Plan

Part 2 – Change of director’s interests in contracts N/A

	D	etail of contract			N/A	N/A
	N	ature of interest			N/A
	N(i	ame of registeref issued securiti	d holderes)		N/A
	D	ate of change			N/A
	N	d l f	iti t hi	h itt	N/A
	reNw	. an cass olated prior to chote: Details are onlyhich the interest has	ecures o wangerequired for a conchanged	nerestract in relation to
	In	terest acquired			N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	N/A

Part 3 -[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 3

30/9/2001