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ELIXIR ENERGY LIMITED Share Issue/Capital Change 2012

Apr 1, 2012

64893_rns_2012-04-01_d2820706-8264-454d-a4f8-77bf17785883.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT

2 April 2012

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

Elixir Petroleum Ltd Employee Share Plan – Lapse of options

Elixir Petroleum Limited (ASX: EXR) advises that two million two hundred and fifty thousand (2,250,000) unlisted $0.30 options granted under the Elixir Petroleum Limited Employee Share Plan lapsed as of 31 March 2012 pursuant to the terms and conditions of the Elixir Petroleum Limited Employee Share Plan.

Yours sincerely,

ELIXIR PETROLEUM LIMITED

Julie Foster Company Secretary

For further information on Elixir Petroleum please visit the Company's website at www.elixirpetroleum.com

ASX CODE: EXR

www.elixirpetroleum.com

Elixir Petroleum Limited

ABN 51 108 230 995 Level 20, 77 St George’s Terrace PERTH WA 6000, AUSTRALIA T: +61 8 9440 2650 F: +61 8 9440 2699 E: [email protected]