HYDROCARBON DYNAMICS LIMITED — Capital/Financing Update 2014

Apr 15, 2014

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Company Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

16 April 2014

Dear Sirs

Section 708A(5)(e) Notice

Pryme Energy Limited ( Pryme ) refers to the Appendix 3B released on 16 April 2014 for the issue of 2,500,000 fully paid ordinary shares to Helmsec Global Capital Limited as part of the lead manager arrangements for the placement of the shortfall shares under the 1:1 non-renounceable rights issue announced on 14 March 2014.

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Pryme hereby notifies ASX under section 708A(5)(e) of the Corporations Act ( the Act ) that:

• (a) Pryme issued the shares without disclosure to the investor under Part 6D.2 of the Act;

• (b) as at 16 April 2014, Pryme has complied with the provisions of Chapter 2M of the Act as they apply to Pryme, and section 674 of the Act; and

• (c) as at 16 April 2014, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of Pryme; or

    • B. the rights and liabilities attaching to the shares.

Yours sincerely,

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Justin Pettett Managing Director

For further information please contact:

Justin Pettett Managing Director Pryme Energy Limited Telephone: +61 7 3371 1103 Website: www.prymeenergy.com

Ryan Messer Chief Operating Officer Pryme Energy Limited Telephone: +1 713 401 9806 ASX Code: PYM

OTCQX Code: POGLY

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