CUE ENERGY RESOURCES LIMITED — Director's Dealing 2017

Jan 2, 2017

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ABN 45 066 383 971

3 January 2017

PAGES (including this page): 3

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

CUE ENERGY OVERVIEW

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

THE COMPANY HAS:

• Long life production

Appendix 3Y

• A strong balance sheet

• An active exploration programme

CUE ENERGY DIRECTORS

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

• Grant Worner (Executive Chairman)  Koh Ban Heng  Duncan Saville

CUE ENERGY MANAGEMENT

 Andrew Knox (CFO)

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/OTC: CUEYY

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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 ABN: 45 066 383 971

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	Duncan Paul Saville
Date of last notice	16thDecember 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	349,006,073 Ordinary fully paid shares
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Non Beneficial in the name of NZOG Offshore Limited
Date of change	28th& 29thDecember 2016
No. of securities held prior to change	348,233,105
Class	Ordinary fully paid shares
Number acquired	772,968
Number disposed	-
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	$69,567.12
No. of securities held after change	349,006,073 Ordinary fully paid shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On-market trade Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back

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

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.

Appendix 3Y Page 2

01/01/2011