SANTOS LIMITED — Director's Dealing 2017

Feb 8, 2017

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	Gregory John Walton Martin
Date of last notice	10 December 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Navigator Australia Ltd <MLC Investment SettA/c>, held by Jamoca Pty Ltd as trustee for theMartin Family Super Fund, of which the director isa 50% beneficiary.
Date of change	7 February 2017
No. of securities held prior to change	38,912 fully paid ordinary shares (indirectinterest).
Class	Fully paid ordinary shares
Number acquired	3,808 (indirect interest)
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$3.94 per share

• See chapter 19 for defined terms.

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07.02.17 GJW Martin

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	42,720 fully paid ordinary shares (indirectinterest).
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Allocation resulting from participation in theShare Purchase Plan (SPP).

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

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance	No
was required?
If so, was prior written clearance provided to allow the trade to	Not applicable
proceed during this period?
If prior written clearance was provided, on what date was this	Not applicable
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

07.02.17 GJW Martin