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SANTOS LIMITED Major Shareholding Notification 2017

May 3, 2017

65872_rns_2017-05-03_829e7f08-8bff-4dbf-80a8-e4a4f281c44b.pdf

Major Shareholding Notification

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ASX / Media Release

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4 May 2017

Santos share purchase by Hony

Santos notes the purchase of 48 million shares representing 2.3% of the company’s issued capital at a price of $3.84 by Hony Capital after market close on 3 May 2017.

Santos understands the purchase will increase Hony, ENN and affiliates’ interest in the company to 15.1%.

The acquisition price represents a 6% premium to yesterday’s closing price of $3.63.

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