KINETIKO ENERGY LTD — Director's Dealing 2011

Jul 20, 2011

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

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	Kinetiko Energy Limited
ABN	45 141 647 529

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	Andrew Stuart Lambert
Date of appointment	19 June 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

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

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	Number & class of Securities
interest
Note: Provide details of the circumstances giving rise to
the relevant interest.
Nil

Part 3 – 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	Managing Director’s Employment Agreement
Nature of interest	Direct
Name of registered holder	Andrew Stuart Lambert
(if issued securities)
No. and class of securities to	1. Subject to completion of 12 months of service
which interest relates	under the Employment Agreement, 1,000,000
	performance rights which will entitle	Mr
	Lamberttoacquire1Shareforevery
	performance right held.
	2. SubjecttoCompany’sadmissionto	the
	Official List, quotation of the Company’s
	Shares and shareholder and other regulatory
	approval, Mr Lambert will also receive	the
	following incentive options:
	a. 500,000 incentive options exercisable at	25
	cents per share on or before 30 June 2014,
	vesting after 12 months service;
	b. 750,000 incentive options exercisable at	50
	cents per share on or before 30 June 2015,
	vesting after 24 months service; and
	c. 1,000,000 incentive options exercisable at	75
	cents per share on or before 30 June 2016,
	vesting after 36 months service.

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002