ENERGY ACTION LIMITED — Major Shareholding Notification 2011

Oct 17, 2011

Form 603

Corporations Act 2001

Section 671B Notice of initial substantial holder

To: Company Name/Scheme	Energy Action Limited
ACN/ARSN	ACN 137 363 636
1. Details of substantial holder (1) Name Jeffery Allen and Carolyn Allen in their capacity as trustees of the J & C Allen Super Fund (Jeffery and Carolyn Allen) ACN/ARSN (if applicable)
The holder became a substantial holder on	13 10 Energy Action Limited became a listed company on 13 October 2011.

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Number of securities	Person's votes (5)	Voting power (6)
.425.833	.425,833	5.689%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Jeffery and Carolyn Allen	Joint registered holders with the power to control the right to vote attached to the shares and to dispose of the shares. Jeffery Allen and Carolyn Allen hold the shares in their capacity as the trustees of the J & C Allen Super Fund	1.425,833 ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holders of relevant interest	Registered holder of Securities	Person entitled to be registered as a holder (8)	Class and number of securities
Jeffery and Carolyn Allen	Jeffery Allen and Carolyn Allen	Jeffery Allen and Carolyn Allen	1,425,833 ordinary shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four month s prior to the day that the substantial holder became a substantial holder is as follows:

Date of acquisition	Consideration (9)		Class and number of securities
	Cash	Non-cash
	\$9,327.50	N/A	9,927 ordinary shares
	8/8/11

6. Associates

The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Jeffery Allen
Carolyn Allen	22 Candowie Crescent, Baulkham Hills NSW 2153

Signature

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print name	Jeffery Allen & Carolyn Allen		as trustees of the J & C Allen Super capacity Fund
sign here			date	$2 - 7$