JUPITER ENERGY LIMITED — Director's Dealing 2011

Jan 31, 2011

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 JUPITER ENERGY LIMITED ABN 65 084 918 481

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Scott Mison
Date of appointment	31 January 2011

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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

Number & class of securities

• (i) 785,183 fully paid ordinary shares - Scott Adrian Mison <The Scott Mison Superfund A/C> -

• (ii) 3,909,629 fully paid ordinary shares – Scott Adrian Mison < The Scott Mison Family A/C>

• (iii) 1,000,000 unlisted options expiring 31/12/2012 @ $0.185 – Scott Adrian Mison

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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

	Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.	Number & class of SecuritiesNil

• See chapter 19 for defined terms.

Appendix 3X Page 1

30/9/2001

Appendix 3X Initial Director’s Interest Notice

Part 3 – Director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
No. and class of securities to whichinterest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

30/9/2001