PILOT ENERGY LIMITED — Director's Dealing 2016

May 1, 2016

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	Pilot Energy Limited (PGY)
ABN	86 115 229 984

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	Tung Leung Wong
Date of appointment	28 April 2016

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.

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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 interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. Sunpex International Limited, a aggregate, being: company incorporated in Hong Kong under the Companies  held by Sunpex); and Ordinance ( Sunpex ) – Tung Leung Wong is the sole director of Sunpex,  and by the operation of section aggregate) 608(3)(b) of the Corporations Act 2001 (Cth) ( Corporations Act ) is taken to have a relevant interest in shares held by Sunpex. As disclosed in the ASIC Form 603 “Notice of initial substantial holder” in respect of PGY dated 27 April 2016 ( Form 603 ) and released to the ASX on that date, Sunpex has a relevant interest in shares in PGY that are:

400,000,000 fully paid ordinary shares in aggregate, being:  55,560,000 fully paid ordinary shares (shares held by Sunpex); and  344,440,000 fully paid ordinary shares (shares held by the Subscribers other than Sunpex in aggregate)

 registered in its name, under section 608(1)(a) of the Corporations Act; and  held by each of Billion Power Capital Investment Limited, GS Energy Pty Ltd and Austar Nominees Pty Ltd in its capacity as trustee for The Wang Family Trust (each of these entities and Sunpex is a Subscriber , and together “the Subscribers ”), on the basis that under a cooperation agreement dated 27 April 2016 between each Subscriber, each Subscriber obtains a relevant interest under sections 608(1)(b) and 608(1)(c) of the Corporations Act, in each case as detailed in the Form 603.

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

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	Not applicable
Nature of interest	Not applicable
Name of registered holder(if issued securities)	Not applicable
No. and class of securities to whichinterest relates	Not applicable

• See chapter 19 for defined terms.

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