MARMOTA LIMITED — Capital/Financing Update 2012

Jun 7, 2012

Marmota Energy Limited ABN: 38 119 270 816 PO Box 247 Export Park SA 5950 T +61 8 8375 4300 F +61 8 8375 3999

For Immediate Release 8 June 2012

ASX RELEASE

Rights Issue – Extension of Closing Date

Marmota Energy Limited (ASX:MEU) wishes to advise that the Closing Date for its 1 for 2 non-renounceable rights issue announced on 16 May 2012 ( Rights Issue ) has been extended to Friday 13 July 2012.

The revised timetable for the Rights Issue is as follows:

The revised timetable for the Rights Issue is as follows:
Event	Date
Announcement of Rights Issue. Appendix 3B lodged	16 May2012
Prospectus lodged with ASIC and ASX	17 May2012
Notice sent to Shareholders	18 May2012
‘Ex’ Date	21 May2012
Record Date for determiningShareholders’ entitlements	25 May2012
Despatch of Prospectus and Entitlement & Acceptance Forms to	31 May 2012
Shareholders,Rights Issue opens
ClosingDate	13 July2012
NotifyASX of under-subscriptions	18 July2012
Allotment of securities	23 July2012
New Shares commence tradingon ASX	24 July2012

These dates are indicative only and subject to the Corporations Act 2001 and the ASX Listing Rules, may be varied as the directors decide.

Applications for new ordinary shares under the Rights Issue may only be made by completing the Entitlement and Acceptance Form which accompanies the Prospectus. Eligible Shareholders should read the prospectus carefully. For further information on the Rights Issue, you should contact your professional advisor.

Yours Faithfully

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Dom Calandro

Managing Director