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SANTOS LIMITED Major Shareholding Notification 2016

Nov 10, 2016

65872_rns_2016-11-10_3956d61a-6b74-45e4-bbeb-9d1216343bdf.pdf

Major Shareholding Notification

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ASX/Media Release

11 November 2016

Market speculation

Santos is aware of market speculation that 40 million shares representing 2.25% of the company’s issued capital were acquired at a price of $3.98 by Hony Capital after market close on 10 November 2016.

Santos has made enquiries with Hony Capital this morning who have confirmed that they were successful in acquiring an additional 40 million shares in Santos, increasing their interest in the company to approximately 3.2%.

The reported acquisition price represents an 11% premium to yesterday’s closing price of $3.58.

Ends.

Media enquiries Rob Malinauskas +61 8 8116 5918 / +61 (0) 438 862 132 [email protected]

Investor enquiries Andrew Nairn +61 8 8116 5314 / +61 (0) 437 166 497 [email protected]

Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T: +61 8 8116 5000 / F: +61 8 8116 5131 www.santos.com