COMET RIDGE LIMITED — Board/Management Information 2015

Jun 16, 2015

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17 June 2015

Appointment of Executive Director

Comet Ridge Limited (ASX:COI) wishes to announce the appointment of Mr Christopher Pieters to the role Executive Director, effective today.

Chris Pieters has been a non-executive director of Comet Ridge since April 2009 and previously fulfilled a role as Executive Director for a short period on an ad hoc basis in 2013/2014 to assist in negotiations for the acquisition of the 5% Stanwell interest in the Mahalo joint venture project.

Chris was previously Managing Director of Tlou Energy Limited, an Africa-focused gas explorer and Chief Commercial Officer at Sunshine Gas Limited, before its takeover by Queensland Gas Company in 2008. Chris is also the Chief Executive Officer and co-founder of Walcot Capital, a private venture capital business specialising in resource investment.

Mr Pieters’ appointment as an executive director has no set term and it is anticipated that he will provide services to the company on an ad hoc basis as an when there is need for commercial support for the Company. Mr Pieters will be providing his services to the Company in a capacity as a consultant at a rate of $1,500 per day.

The Company also retains the ability to invite Mr Pieters to participate in the company’s share performance rights plan, his participation in which was approved by shareholders at the 2014 Annual General Meeting.

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Tor McCaul Managing Director Comet Ridge Limited

Comet Ridge Limited T: +61 7 3221 3661 E: comet@cometridge.com.au 283 Elizabeth St, Brisbane, Qld, 4000 ABN 47 106 092 577 F: +61 7 3221 3668 W: www.cometridge.com.au GPO Box 798, Brisbane, Qld, 4001

Comet Ridge Limited