CENTRAL PETROLEUM LIMITED — Director's Dealing 2012

Dec 19, 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 30/09/01 Amended 01/01/11

Name of entity CENTRAL PETROLEUM LIMITED ABN 72 083 254 308

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	Andrew Phillip Whittle
Date of last notice	18 May 2012

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The securities were issued to Mr Andrew Phillip Whittle & Mrs Heather Lee Whittle Fund A/C> Mr Whittle is a beneficiary of Andrew P Whittle Superannuation Fund.
Date of change	19 December 2012
No. of securities held prior to change	400,000 ordinary shares
Class	(a) Unlisted options exercisable at 9 cents on or before 15 November 2015. (b) Unlisted options exercisable at 9 cents on or before 15 November 2017.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	(a) 1,500,000 unlisted options exercisable at 9 cents on or before 15 November 2015 (b) 3,000,000 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vesting hurdles).
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	The consideration payable at time of issue of the options is nil. At the time of exercise of the options the registered holder is, in addition to paying the option exercise price, also required to pay for the options as follows: Tranche 1 – 1,500,000 options at $0.037 (3.7 cents) per option. Tranche 2 – 1,500,000 options at $0.044 (4.4 cents) per option. Tranche 3 – 1,500,000 options at $0.040 (4.0 cents) per option.
No. of securities held after change	(a) 400,000 ordinary shares (b) 1,500,000 unlisted options exercisable at 9 cents on or before 15 November 2015 (c) 3,000,000 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vestinghurdles).
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 options under the Company’s 2012 Share Option Plan for Directors and Employees. The issue was approved by shareholders at the Company’s annual general meeting on 29 November 2012.

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 Nature of interest Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity CENTRAL PETROLEUM LIMITED ABN 72 083 254 308

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	Michael Ray Herrington
Date of last notice	19 December 2012

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The securities were issued to Windwalker Pty Ltd as trustee for The Herrington Investment Trust Mr Herrington is a beneficiary of The Herrington Investment Trust.
Date of change	19 December 2012
No. of securities held prior to change	500,000 ordinary shares
Class	(a) Unlisted options exercisable at 9 cents on or before 15 November 2015. (b) Unlisted options exercisable at 9 cents on or before 15 November 2017.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	(a) 1,500,000 unlisted options exercisable at 9 cents on or before 15 November 2015 (b) 3,000,000 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vesting hurdles).
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	The consideration payable at time of issue of the options is nil. At the time of exercise of the options the registered holder is, in addition to paying the option exercise price, also required to pay for the options as follows: Tranche 1 – 1,500,000 options at $0.037 (3.7 cents) per option. Tranche 2 – 1,500,000 options at $0.044 (4.4 cents) per option. Tranche 3 – 1,500,000 options at $0.040 (4.0 cents) per option.
No. of securities held after change	(a) 500,000 ordinary shares (b) 1,500,000 unlisted options exercisable at 9 cents on or before 15 November 2015 (c) 3,000,000 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vestinghurdles).
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 options under the Company’s 2012 Share Option Plan for Directors and Employees. The issue was approved by shareholders at the Company’s annual general meeting on 29 November 2012.

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 Nature of interest Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity CENTRAL PETROLEUM LIMITED ABN 72 083 254 308

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	Wrixon Frank Gasteen
Date of last notice	14 December 2012

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The securities were issued to Ikon Corporate Pte Ltd a company in which Mr Gasteen has a beneficial equity interest.
Date of change	19 December 2012
No. of securities held prior to change	250,000 ordinary shares
Class	(a) Unlisted options exercisable at 9 cents on or before 15 November 2015. (b) Unlisted options exercisable at 9 cents on or before 15November 2017.
Number acquired	(a) 1,666,666 unlisted options exercisable at 9 cents on or before 15 November 2015 (b) 3,333,334 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vestinghurdles).
Number disposed	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	The consideration payable at time of issue of the options is nil. At the time of exercise of the options the registered holder is, in addition to paying the option exercise price, also required to pay for the options as follows: Tranche 1 – 1,666,666 options at $0.037 (3.7 cents) per option. Tranche 2 – 1,666,667 options at $0.044 (4.4 cents) per option. Tranche 3 – 1,666,667 options at $0.040 (4.0 cents) per option.
No. of securities held after change	(a) 250,000 ordinary shares (b) 1,666,666 unlisted options exercisable at 9 cents on or before 15 November 2015 (c) 3,333,334 unlisted options exercisable at 9 cents on or before 15 November 2017 (the option entitlement to exercise is at various vestinghurdles).
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 options under the Company’s 2012 Share Option Plan for Directors and Employees. The issue was approved by shareholders at the Company’s annual general meetingon 29November 2012.

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 –[+] Closed period

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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3