Perpetual Limited — Major Shareholding Notification 2004

Oct 4, 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 for Macquarie InvestmentTrust II
ACN/ARSN (if applicable)	000 431 827
There was a change in the interests of thesubstantial holder on	30 September 2004
The previous notice was given to the company on	5 August 2004
The previous notice was dated	5 August 2004

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 r scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully Paid Ordinaryshares 'to ord'	16,105,845	11.31%	9.287,922	6.52%

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 whose	Nature of	Consideration	Number	and Class	Person's votes affected
change	relevant interest	change (6)	given in relation	٥f	Securities
	changed		to change $(7)$
30/09/2004	MacquarieInvestment Trust	Sale	$2,352,149,34	6,817,923	Fp ord	6.817,923

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	Registered holderof securities	Person entitled tobe registered asholder (8)	Nature of relevant interest(6)	NumberOf	and ClassSecurities	Person'svotes
Macquarie InvestmentTrust II	Perpetual TrusteesAustralia Lfd	PerpetualTrustees AustraliaLtd	Relevant interest arisingpursuant to section 608 (1)of the Corporations Act	9.287.922	fo ord	9,287,922

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 fo

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 for Macquarie Investment	Level 7, 1 Castlereagh Street, Sydney
Trust II
Strike Oil	Level 10 International House, 26 St Georges Terrace, PERTH, WA 6000

Signature

Capacity: print name: sign here date 5 October 2004