COMET RIDGE LIMITED — Director's Dealing 2016

Dec 1, 2016

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 Comet Ridge Limited ABN 47 106 092 577

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 Christopher Jon Patrick Pieters Date of last notice 9 November 2016

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 and Direct
Nature of indirect interest
(including registered holder)	As Director of Pieters Capital Pty Ltd atf
Note: Provide details of the circumstances giving rise to the relevantinterest.	Pieters Investment Trust.
Date of change	1 December 2016
No. of securities held prior to change	Indirect: 1,092,000 Ordinary Fully Paid
	Shares
	Direct: 500,000 Performance Rights linked
	to gas flow performance of Mahalo Pilot.
	Expiring 31 December 2016
Class	Unlisted Performance Rights
Number acquired
	500,000 Unlisted Performance Rights
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Indirect: 1,092,000 Ordinary Fully PaidSharesDirect: 500,000 Performance Rights linkedto gas flow performance of Mahalo Pilot.Expiring 31 December 2016Direct: 500,000 Performance Rights linkedto2P Reserves. Expiring 31 December 2019
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Grant of Performance Rights approved byshareholders at 2016 AGM, under CometRidge Employee Performance Rights Plan

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	Not Applicable
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not Applicable
If prior written clearance was provided, on what date was thisprovided?	Not Applicable

• See chapter 19 for defined terms.

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