SANTOS LIMITED — Director's Dealing 2015

Dec 9, 2015

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

Name of entity SANTOS LIMITED ABN 80 007 550 923

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Roland Coates
Date of last notice	30 September 2015

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Invia Custodian Pty Ltd <The Coates InvestmentA/C>, held by Coates Investments Pty Ltd astrustee for The Coates Investment Trust, of whichthe director is a 50% beneficiary.Invia Custodian Pty Ltd <Peter & Kathleen CoatesS/F>, held as trustee for P & K Coates Super Fundof which the director is a 50% beneficiary.
Date of change	10 December 2015
No. of securities held prior to change	10,979 fully paid ordinary shares (direct interestNED share plan)11,197 fully paid ordinary shares (direct interest)33,760 fully paid ordinary shares (indirectinterest)
Class	Fully paid ordinary shares
Number acquired	13,046 (direct interest)19,860(indirect Interest)
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$3.85 per share

• See chapter 19 for defined terms.

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10.12.15 PR Coates

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	10,979 fully paid ordinary shares (direct interest
	NED share plan)
	24,243 fully paid ordinary shares (direct interest)
	53,620 fully paid ordinary shares (indirect
	interest)
Nature of change	Allocation resulting from participation in the
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	retail component of the Rights Issue.
buy-back

Part 2 – Change of 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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or coabove traded during a+closed period wheclearance was required?	ntracts detailed	No
	re prior written
If so, was prior written clearance provided toto proceed during this period?	allow the trade	Not applicable
If prior written clearance was provided, on whprovided?	at date was this	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

10.12.15 PR Coates