Perpetual Limited — Major Shareholding Notification 2004

Dec 2, 2004

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To: Company Name/Scheme	Strike Oil LimitedLevel 10 International House26 St George's TerracePERTH, WA 6000
ACN/ARSN	078 012 745
1. Details of substantial holder(1)Name	Perpetual Trustees Australia Ltd as trustee forMacquarie Investment Trust II
ACN/ARSN (if applicable)	000 431 827
There was a change in the interests of 26 Novemberthesubstantial holder on	2004
The previous notice was given to thecompany on	30 September2004
The previous notice was dated	30 September2004

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities Previous notice(4)			Present notice
	Person's votes	Voting power (5) Person's votes		Voting power (5)
Fully PaidOrdinary shares 'fp$_{\rm{brd'}}$	9,287,922	7.4%	1,630,555	1.30%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person	Nature of	Consideratio	Number	and	Person's votes
change	whose	change (6)	n given in	οf	Class	affected
	relevant		relation to		Securiti
	interest		change (7)		es
	changed
19/11/200	Macquarie	Sale	$137,847.36	325,378	Fp ord	325,378
4	Investment
	Trust II
22/11/200	Macquarie	Sale	$327,330.42	783,562	Fp ord	783,562
4	Investment
	Trust II
23/11/200	Macquarie	Sale	$306,511.86	738,556	Fp ord	738,556
4	Investment
	Trust II
24/11/200	Macquarie	Sale	$422,367.44	1,043,896	Fp ord	1,043,896
4	Investment
	Trust II
25/11/200	Macquarie	Sale	$148,338.89	371,094	Fp ord	371,094
4	Investment
	Trust II
26/11/200	Macquarie	Sale	$1,738,614.	4,394,881	Fp ord	4,394,881
4	Investment		93
	Trust II

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registeredholder ofsecurities	Personentitled to beregistered asholder $(8)$	Nature of relevantinterest (6)	NumberOf	andClassSecuriites	Person'svotes
MacquarieInvestment Trust	PerpetualTrusteesAustralia Ltd	PerpetualTrusteesAustralia Ltd	Relevant interestarising pursuant tosection 608 (1) of theCorporations Act	7,657,367	fp ord	7,657,367

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable) Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Perpetual Trustees Australia Ltd as trustee forMacquarie Investment Trust II	Level 7, 1 Castlereagh Street, Sydney
Strike Oil	Level 10 International House, 26 St Georges Terrace,PERTH, WA 6000

Signature

print name: JOANNE HAWKINS Capacity: COMPANY SECRETARY

sign here

date 03 December 2004