ELIXIR ENERGY LIMITED — Share Issue/Capital Change 2009

Jul 29, 2009

ASX ANNOUNCEMENT

ABN 51 108 230 995

30 July 2009

Company Announcements Platform Australian Securities Exchange Level 4 20 Bridge Street SYDNEY NSW 2000 By E-Lodgement

Dear Sir/Madam,

Elixir Petroleum Ltd Employee Share Plan – lapse of share options

Elixir Petroleum Limited advises that 250,000 unlisted 25c options with an expiry date of 31 March 2011 have today lapsed pursuant to clause 10.1(a) of the Elixir Petroleum Ltd Employee Share Plan.

Yours faithfully, ELIXIR PETROLEUM LIMITED

David Lim

Company Secretary

ASX CODE: EXR

www.elixirpetroleum.com

Elixir Petroleum Limited

Level 20, 77 St George’s Terrace PERTH WA 6000, AUSTRALIA T: +61 8 9440 2650 F: +61 8 9440 2699 E: info@elixirpetroleum.com