COMET RIDGE LIMITED — Director's Dealing 2016

Nov 8, 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	TOR MCCAUL
Date of last notice	13 July 2015

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 relevantinterest.	Trudy Jasmine McCaul is the spouse of theDirector
Date of change	8 November 2016
No. of securities held prior to change	Trudy J McCaul: 174,768 Ordinary sharesTor McCaul: 4,905,601 Ordinary Shares.Tor McCaul: 500,000 Performance Rightslinked to 2P Reserve booking with expiry dateof 31 December 2016.Tor McCaul: 500,000 Performance Rightslinked to gas flow performance of MahaloPilot. Expiring 31 December 2016
Class	Ordinary Fully Paid Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	Trudy McCaul: 6,991Tor McCaul: 196,225
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Trudy McCaul: $349.55Tor McCaul: $9,811.25
No. of securities held after change	Trudy J McCaul: 181,759 Ordinary sharesTor McCaul: 5,101,826 Ordinary Shares.Tor McCaul: 500,000 Performance Rightslinked to 2P Reserve booking with expiry dateof 31 December 2016.Tor McCaul: 500,000 Performance Rightslinked to gas flow performance of MahaloPilot. Expiring 31 December 2016
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Participation in 1 for 25 Non RenounceableRights Offer.

Part 2 – Change of director’s interests in contracts N/A

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 Name of registered holder (if issued securities) Date of change

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written No clearance was required? If so, was prior written clearance provided to allow the trade Not Applicable to proceed during this period? If prior written clearance was provided, on what date was this Not Applicable provided?

• See chapter 19 for defined terms.

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