CUE ENERGY RESOURCES LIMITED — Director's Dealing 2014

Dec 8, 2014

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ABN 45 066 383 971

9 December 2014

PAGES (including this page): 3

CUE ENERGY OVERVIEW

ASX Market Announcements ASX Limited Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000

Cue is an Australian based oil & gas company with activities in Australia, New Zealand, Indonesia and PNG.

THE COMPANY HAS:

• Long life production

• A strong balance sheet  An active exploration program

Appendix 3Y - Change of Director’s Interest Notice

CUE ENERGY DIRECTORS

• Geoffrey King (Chairman)

• Stuart Brown

• Rowena Sylvester

Attached please find Cue Energy Resources Limited’s release with respect to the above mentioned.

Yours faithfully

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Andrew M Knox Chief Financial Officer

• Andrew Young

CUE ENERGY MANAGEMENT

 David Biggs (CEO)

• Andrew Knox (CFO)

• Jeffrey Schrull (Exp Man)

OFFICE

Level 19 357 Collins Street Melbourne Vic 3000

CONTACT DETAILS

Tel: +613 8610 4000 Fax: +613 9614 2142

EMAIL

mail@cuenrg.com.au

WEBSITE

www.cuenrg.com.au

LISTINGS

ASX: CUE ADR/OTCQX: CUEYY

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 Cue Energy Resources Limited

ABN45 066 383 971

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	Andrew Alexander Young
Date of last notice	23 November 2012 (Appendix 3Y)

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	n/a
Date of change	28 November 2014
No. of securities held prior to change	Beneficial:150,000
Class	Ordinary shares
Number acquired	300,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	300,000 @ 9.39 cents

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Beneficial:450,000 Ordinary fully paid shares – Registeredholder: Burra (NSW) Pty Limited(Beneficial holder: Young & BennettSuperannuation Fund)
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back	On market trade

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 Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2