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EDEN INNOVATIONS LTD Share Issue/Capital Change 2006

Aug 29, 2006

64820_rns_2006-08-29_fbddf1b9-74e0-46d7-8b12-eb8b667e49e4.pdf

Share Issue/Capital Change

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EDEN ENERGY LTD

ACN 109 200 900

Level 40, Exchange Plaza 2 The Esplanade, Perth, Western Australia, 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866

Website: www.edenenergy.com.au

AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT

30 AUGUST 2006

ISSUE OF OPTIONS TO ACQUIRE ORDINARY FULLY PAID SHARES PURSUANT TO THE EDEN ENERGY LTD EMPLOYEE SHARE OPTION PLAN

Eden Energy Ltd ("the Company") announces that it has issued 950,000 options in the Company, free of charge, each to acquire one fully paid ordinary share in the Company ("the Options") as per the terms and conditions of the Company's Employee Share Option Plan and as set out below:

Exercisable at an exercise price of 25 cents per option on or before the 30 August 2009.

The Options were issued to Company Employees free of charge under the terms and conditions of the Employee Share Option Plan. Accordingly no funds were raised by the issue.