QUESTE COMMUNICATIONS LIMITED — Major Shareholding Notification 2014

Jan 30, 2014

20140131 OEQ QUE ASX - Notice of Change Substantial Holding in MPO.doc

Form 604

Corporations Act 671B

Notice of change in interests of substantial holder

To: Company Name/Scheme: MOLOPO ENERGY LIMITED (ASX: MPO)

ABN 79 003 152 154

1. Details of substantial holders[(1)]

ACN / ABN

Name ACN / ABN ORION EQUITIES LIMITED ( OEQ ) ABN 77 000 742 843 QUESTE COMMUNICATIONS LTD ( QUE ) ABN 58 081 688 164

There was a change in the interests of the substantial holders on: The previous notice was given to the company on: The previous notice was dated:

29 January 2014 20 December 2013 20 December 2013

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(4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
OrdinaryShares	16,926,688	6.87%A	20,481,280	8.29%B

(A) Based on MPO total issued share capital being 246,371,897 shares

(B) Based on MPO total issued share capital being 247,133,976 shares

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 change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7) $	Class and number of securities affected	Person's votes affected
				Ordinary Shares
29 January 2014	The parties named in (1) above	On-market acquisition by BEL	$741,464.32	3,554,592	3,554,592

4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest(6)	Class and number of securities	Person's votes
BEL	BEL	BEL	BEL is the beneficial and (subject to settlement of trades) legal and registered holder of shares in MPO.	20,481,280 ordinary shares	20,481,280
OEQ	BEL	BEL	Taken under section 608(3)(a) of the Corporations Act to have a relevant interest in securities in which BEL has a relevant interest by reason of having greater than 20% voting power (ie. shareholding) in BEL.
QUE	BEL	BEL	Taken under section 608(3)(b) of the Corporations Act to have a relevant interest in securities in which OEQ has a relevant interest by reason of having control (ie. greater than 50% voting power) of OEQ.

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20140131 OEQ QUE ASX - Notice of Change Substantial Holding in MPO.doc

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:

substantial holder in relation to voting interests in	the company or scheme are as follows:
Name nd ACN/ARSN (ifapplicable)	Nature of association
N/A	N/A

6. Addresses

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

Name	Address
Bentley Capital Limited A.B.N. 87 008 108 218 (BEL)	Suite 1/346 Barker Road, Subiaco, Western Australia 6008
OEQ	Suite 1/346 Barker Road, Subiaco, Western Australia 6008
QUE	Suite 1/346 Barker Road, Subiaco, Western Australia 6008

Signature

==> picture [423 x 141] intentionally omitted <==

----- Start of picture text -----

sign here date 31 January 2014
print name VICTOR HO capacity Executive Director and Company Secretary of OEQ
sign here date 31 January 2014
print name VICTOR HO capacity Executive Director and Company Secretary of of QUE
----- End of picture text -----

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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