CAULDRON ENERGY LIMITED — Director's Dealing 2012

Aug 1, 2012

Appendix 3Y

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

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	Name of entity Cauldron Energy Limited
ABN 22 102 912 783

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.

Derong Qiu
26 March 2010

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holding of shares with brother Dekang Qiu
Date of change	31 July 2012
No. of securities held prior to change	Direct: 5,400,000 Fully Paid Ordinary Shares Indirect: Nil
Class	Fully paid ordinary shares
Number acquired	31,500,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Conversion of Convertible Notes in the Company totalling \$6,300,000.

⁺ See chapter 19 for defined terms.

No. of securities held after change	Direct: 5,400,000 Fully Paid Ordinary Shares
	Indirect: 31,500,000 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Conversion of Convertible Notes in the Company totalling \$6,300,000

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

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

Part 3 - +Closed period

Were the interests in the securities or contracts $\vert$ No
detailed above traded during a + closed period
where prior written clearance was required?

⁺ See chapter 19 for defined terms.

If so, was prior written clearance provided to $N/A$ allow the trade to proceed during this period?
If prior written clearance was provided, on what $N/A$ date was this provided?

2 August 2012

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÷,

• See chapter 19 for defined terms.

01/01/2011 Appendix $3Y$ Page 3