HYTERRA LTD — Director's Dealing 2012

Nov 25, 2012

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Triple Energy Limited ABN 86 116 829 675

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Paul Underwood
Date of last notice	28/03/2012

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Weswood Pty Ltd ATF The Paul UnderwoodSuperannuation Fund(Mr Underwood is a director and shareholder ofWeswood PtyLtd and a beneficiaryof the fund)
Date of change	19/11/2012 & 22/11/2012
No. of securities held prior to change	10,000,000 Fully Paid Ordinary Shares60,000,000 Options, of which:•15,000,000 Class A Options have vested•45,000,000 Class B-D Options remainsubject to vesting conditions
Class	Fully Paid Ordinary Shares
Number acquired	660,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$9,900

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	10,660,000 Fully Paid Ordinary Shares
	60,000,000 Options, of which:
	•15,000,000 Class A Options have vested
	•45,000,000 Class B-D Options remain
	subject to vesting conditions
Nature of change	On-market purchase
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation inbuy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash,	N/A
provide details and an estimatedvaluation
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above No traded during a[+] closed period where prior written clearance was required?

See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

See chapter 19 for defined terms.

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