JATCORP LIMITED — Director's Dealing 2011

Nov 27, 2011

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 30/9/2001.

Name of entity: Jatoil Limited ABN: 31 122 826 242

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	Ph	il Hodgson
Date of last notice	5 O	ctober 2011

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 and Indirect
Nature of indirect interest	Dr PH and Mrs IS Hodgson (Joint A/c)
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	28 November 2011
No. of securities held prior to change	143,726 Fully Paid ORD
	48,902 Options to acquire ORD at $0.25 on
	or before 1 March 2014
	125,000 Incentive Options - $0.276 exercise
	price, expiry 1 July 2012
	1,250,000 Incentive Options– Exercise prices
	of between $0.40 and $0.80, expiry 31
	December 2013. Options subject to pre
	definedvestingcriteria.
Class	ORD
Number acquired	675,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Number disposedValue/ConsiderationNote: If consideration is non-cash, provide dNo. of securities held after chNature of changeExample: on-market trade, off-market tradesecurities under dividend reinvestment plan,Part 2 – Change of directNote: In the case of a company, interests whichin this part.

Niletails and estimated valuation$nil – Incentive Shares issued to JATExecutive Share Trust as approved byshareholders at 2011 AGMange818,726 Fully Paid ORD48,902 Options to acquire ORD at $0.25 onor before 1 March 2014125,000 Incentive Options - $0.276 exerciseprice, expiry 1 July 20121,250,000 Incentive Options– Exercise pricesof between $0.40 and $0.80, expiry 31December 2013. Options subject to predefined vesting criteria., exercise of options, issue ofparticipation in buy-backIncentive Shares issued to JAT ExecutiveShare Trust as approved by shareholders at2011 AGMor’s interests in contractscome within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed

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	Detail of contract	n/a	n/a
	Nature of interest		n/a
	Name of registered holder(if issued securities)		n/a
	Date of change		n/a
	No. and class of securities to		n/a
	which interest related priorchangeNote: Details are only required for a contract in relto which the interest has changed	toation
	Interest acquired		n/a
	Interest disposed		n/a
	Value/Consideration		n/a
	Note: If consideration is non-cash, provide details and anestimated valuation

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change n/a

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

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