HYTERRA LTD — Director's Dealing 2014

Sep 11, 2014

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.

Name of Director	Paul Underwood
Date of last notice	18/1/2013

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	Direct & Indirect
Nature of indirect interest(including registered holder)	Weswood Pty Ltd ATF The Paul UnderwoodSuperannuation Fund
Note: Provide details of the circumstances giving rise to the relevantinterest.	(Mr Underwood is a director and shareholder ofWeswood PtyLtd and a beneficiaryof the fund)
Date of change	11/9/2014
No. of securities held prior to change	10,660,000 Fully Paid Ordinary Shares
	55,000,000 Options, of which:
	Vested and exercisable:
	•10,000,000 Class E Options
	•15,000,000 Class A Options
	•15,000,000 Class B Options
	Subject to vesting conditions
	•15,000,000 Class C Options
Class	Fully Paid Ordinary Shares
Number acquired	15,000,000
Number disposed	Nil.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.02 per share (acquired pursuant to ShareholderApproval granted 29 August 2014, under the
	Company’s Employee Share Scheme and funded
	bylimited recourse loan from the Company).
No. of securities held after change	25,660,000 Fully Paid Ordinary Shares
	55,000,000 Options, of which:
	Vested and exercisable:
	•10,000,000 Class E Options
	•15,000,000 Class A Options
	•15,000,000 Class B Options
	Subject to vesting conditions
	•15,000,000 Class C Options
Nature of change	Issue of Shares under the Company’s Employee
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Share Scheme, pursuant to Shareholder Approvalgranted 29 August 2014.

**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/Consideration			N/A
Note: If consideration	is	non-cash,
providedetailsand	an	estimated
valuation
Interest after change			N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

**Part

3 –**[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3