BEACH ENERGY LIMITED — M&A Activity 2011

Feb 28, 2011

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1 March 2011

The Manager Australian Securities Exchange Company Announcements Office 20 Bridge Street Sydney NSW 2000

Dear Sir,

Re: Takeover of Impress Energy Limited – Compulsory Acquisition

We enclose a copy of an ASIC Form 6021 (Notice of Compulsory Acquisition following takeover bid) dated 1 March 2011 ( Notice ) and an accompanying cover letter to be sent to the remaining shareholders of Impress Energy Limited in accordance with section 661B (1)(d) of the Corporations Act 2001.

The Notice was today lodged with Australian Securities and Investments Commission.

The Notice and covering letter will be sent today to those shareholders of Impress Energy Limited who did not accept the takeover offer before the closing date of 21 February 2011.

Yours faithfully,

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Cathy Oster Company Secretary

25 Conyngham St, Glenside South Australia 5065 GPO Box 175 Adelaide 5001 Telephone (61 8) 8338 2833 Facsimile (61 8) 8338 2336 Beach Energy Limited ABN 20 007 617 969 Website: www.beachenergy.com.au

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