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EDEN INNOVATIONS LTD Share Issue/Capital Change 2010

May 12, 2010

64820_rns_2010-05-12_3b9d890a-0199-4fea-b18a-05820414c8c0.pdf

Share Issue/Capital Change

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ACN 109 200 900

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

13 May 2010

LAPSE OF OPTIONS

Eden Energy Ltd (“the Company”) announces that the following unlisted employee and directors’ options in the Company have now lapsed (or will shortly lapse).

1,500,000 Options Expiring 7 May 2010, exercisable at $0.70 (lapsed) 1,250,000 Options Expiring 13 May 2010, exercisable at $0.685 (lapse on 13 May 2010) 650,000 Options Expiring 15 May 2010, exercisable at $0.685 (lapse on 15 May 2010) 50,000 Options Expiring 13 May 2011, exercisable at $0.685 (lapsed) 25,000 Options Expiring 14 May 2012, exercisable at $0.20 (lapsed)

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Aaron P Gates Company Secretary

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